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Wednesday, June 12, 2024

Applicability of CSR and Its Accounting

The Industrial Enterprises Act, 2076 has mandated CSR for Big & Medium industries along with small/cottage industries exceeding annual turnover of NRs 15 crores. Click here to download the summary prepared on CSR and its accounting.&nb...
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Monday, July 11, 2022

Budget Highlights, 2079/80 (incorporating changes made to tax regulations)

Honorable Finance Minister Janardan Sharma on June 21, presented a federal budget of NPR 1.793 trillion for the fiscal year 2079/80 (2022/23) through an ordinance. The budget has targeted economic growth of 5.80% keeping inflation limit at 7.30%.  Click...
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Monday, June 28, 2021

New Notice from Social Security Fund, 2078

Notice on Social Security Fund (SSF) Registration, 2078   Social security fund has published a new notice on 10 Asadh 2078 clarifying its benefit patterns, requirement for SSF registration, special benefits for registering within Asadh end 2078. The fund has stated that...
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Minimum remuneration (updated 2078)

Minimum Remuneration (Updated) 2078    The Ministry of Labor, Employment and Social Security, Government of Nepal has published a notification in the Nepal Gazette dated 20 Baishakh 2078 increasing the minimum wage for workers using the right provided under section 106...
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Expected Credit Loss Model: NFRS 9 at a Glance

The basic challenge to the Nepalese market for the Adoptation of IFRS is the hurdle which comes up with the new impairment models under ...

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