⚡ Finance Act 2083/84 — Verified Tax Slabs
Budget Speech Point 7: "Individual income tax exemption doubled to Rs.10 lakhs. Maximum rate reduced by 10 percentage points." Finance Act 2083 removes couple concept entirely — one schedule for all individuals.
The Exact New Tax Slabs — Finance Act 2083/84
| Annual Taxable Income | Non-SSF Rate | SSF Rate | Tax on This Slab (Non-SSF) | Cumulative Tax |
|---|---|---|---|---|
| Up to Rs. 10,00,000 | 1% | 0% | Rs. 10,000 | Rs. 10,000 |
| Rs. 10,00,001 – Rs. 15,00,000 | 10% | 10% | Rs. 50,000 | Rs. 60,000 |
| Rs. 15,00,001 – Rs. 25,00,000 | 20% | 20% | Rs. 2,00,000 | Rs. 2,60,000 |
| Rs. 25,00,001 – Rs. 40,00,000 | 27% | 27% | Rs. 4,05,000 | Rs. 6,65,000 |
| Above Rs. 40,00,000 | 29% | 29% | On amount above Rs.40L | Rs. 6,65,000 + 29% |
SSF (Social Security Fund) contributors get 0% on the first Rs. 10L instead of 1% — saving Rs. 10,000/year. Couple concept is REMOVED — no separate couple filing. One schedule for everyone.
Old vs New — FY 2082/83 vs FY 2083/84
| Slab | Old FY 2082/83 (Single) | Old FY 2082/83 (Couple) | New FY 2083/84 (All) |
|---|---|---|---|
| First slab | 1% on Rs.0–5L | 1% on Rs.0–6L | 1% on Rs.0–10L (SSF: 0%) |
| Second slab | 10% on next Rs.2L | 10% on next Rs.2L | 10% on Rs.10L–15L |
| Third slab | 20% on next Rs.3L | 20% on next Rs.3L | 20% on Rs.15L–25L |
| Fourth slab | 30% on next Rs.10L | 30% on next Rs.9L | 27% on Rs.25L–40L (new) |
| Fifth slab | 36% on next Rs.30L | 36% on next Rs.30L | 29% above Rs.40L |
| Top slab | 39% above Rs.50L | 39% above Rs.50L | 29% (no extra surcharge) |
Real Salary Examples — Your Exact Tax in FY 2083/84
👩🏫 Example 1 — Teacher: Rs. 60,000/month (Rs. 7,20,000/year)
Non-SSF: Rs. 7,20,000 × 1% = Rs. 7,200/year (Rs. 600/month TDS)SSF contributor: Rs. 0 tax — fully exempt under 0% first slab
Old tax (FY 2082/83): Rs. 22,000 → Saving: Rs. 14,800/year
👨💻 Example 2 — IT Engineer: Rs. 1,50,000/month (Rs. 18,00,000/year)
First Rs. 10L × 1% = Rs. 10,000Next Rs. 5L (10L–15L) × 10% = Rs. 50,000
Next Rs. 3L (15L–18L) × 20% = Rs. 60,000
Total = Rs. 1,20,000/year · Monthly TDS = Rs. 10,000
Old tax: ~Rs. 1,90,000 → Saving: ~Rs. 70,000/year
👔 Example 3 — Senior Manager: Rs. 3,00,000/month (Rs. 36,00,000/year)
First Rs. 10L × 1% = Rs. 10,000Rs. 10L–15L (Rs.5L) × 10% = Rs. 50,000
Rs. 15L–25L (Rs.10L) × 20% = Rs. 2,00,000
Rs. 25L–36L (Rs.11L) × 27% = Rs. 2,97,000
Total = Rs. 5,57,000/year · Monthly TDS = Rs. 46,417
Old tax: ~Rs. 7,30,000 → Saving: ~Rs. 1,73,000/year
Capital Gains Tax — New Rates (Finance Act 2083)
| Asset Type | Holding Period | CGT Rate | Note |
|---|---|---|---|
| NEPSE Listed Shares | >365 days | 7.5% | Final Tax |
| NEPSE Listed Shares | <365 days | 10% | Final Tax |
| Land & Building | >5 years | 7.5% | — |
| Land & Building | <5 years | 10% | — |
| Govt compulsory acquisition | Any | 2.5% | Concessional rate |
Other Finance Act 2083 Changes
| Change | Detail |
|---|---|
| Donation deduction | Up to Rs. 3,00,000 for donations to exempt organisations |
| Cash payment limit | Rs. 25,000 (business cash payments above this are disallowed) |
| Retirement fund TDS | No TDS on retirement fund payments (contributory & non-contributory) |
| Section 57 relief | Death or change in holding entity does NOT trigger Section 57 |
| Safe Harbour Rule | No transfer pricing documentation required for Safe Harbour users |
| Audit period | Full tax audit assessment limited to 3 years only |
| Ride-sharing (VAT/TDS) | VAT 5% + TDS 1% for ride-sharing services |
| Banks & FIs | Section 47(ka) removed — affects BFI tax treatment |
Merits and Demerits
Merits
Single schedule — eliminates couple vs individual confusion
SSF contributors get 0% on first Rs.10L — enrolling SSF is now financially rewarding
Top rate cut from 39% to 29% — 10 percentage points reduction
CGT made final — no double taxation on NEPSE gains
3-year audit limit gives certainty to businesses
Demerits / Risks
1% on first Rs.10L is a NEW tax — previously individual rate was also 1% but only up to Rs.5L, so couples who previously benefited from Rs.6L exemption now file the same as singles
Couple concept removal disadvantages some dual-income household planning scenarios
Rs.25,000 cash limit creates compliance burden for small businesses
Revenue shortfall from top rate reduction requires strong VAT compliance to compensate
What Should You Do Now?
- Check SSF status: Not in SSF? Enroll — you save Rs.10,000/year on the first slab (0% vs 1%)
- Update TDS with employer: Effective Shrawan 1, 2083 BS — ask HR/payroll to recalculate
- Recalculate advance tax: Quarterly advance tax payers must use new slabs
- Rs.25,000 cash rule: All business cash expenses above Rs.25,000 are now disallowed — switch to digital/cheque
- Share investors: Track holding dates — over 365 days qualifies for 7.5% CGT vs 10%
- Use the TaxNepal Calculator to compute your exact liability
⚡ वित्त ऐन २०८३/८४ — सत्यापित कर स्ल्याब
बजेट भाषण बुँदा ७: "व्यक्तिगत आयकर छुटको सीमा रू. १० लाख पुर्याइएको छ। अधिकतम दरलाई १० प्रतिशत बिन्दुले घटाइएको छ।" वित्त ऐन २०८३ ले दम्पती अवधारणा पूर्णतः हटाइयो — सबैका लागि एकै तालिका।
नयाँ आयकर स्ल्याब — वित्त ऐन २०८३/८४
| वार्षिक करयोग्य आम्दानी | SSF नभएमा | SSF भएमा | अधिकतम कर (SSF छैन) |
|---|---|---|---|
| रू. १०,००,००० सम्म | १% | ०% | रू. १०,००० |
| रू. १०,००,०० – १५,००,००० | १०% | १०% | रू. ५०,००० |
| रू. १५,००,०० – २५,००,००० | २०% | २०% | रू. २,००,००० |
| रू. २५,००,०० – ४०,००,००० | २७% | २७% | रू. ४,०५,००० |
| रू. ४०,००,०० माथि | २९% | २९% | रू. ६,६५,०++ + २९% |
वास्तविक उदाहरण
👩🏫 उदाहरण — शिक्षिका: रू. ६०,०/महिना (रू. ७,२०,०/वर्ष)
SSF छैन: रू. ७,२०,० × १% = रू. ७,२०/वर्ष (मासिक TDS रू. ६०)SSF छ: रू. ० — पूर्ण छुट
पहिलेको कर: रू. २२,० → बचत: रू. १४,८०
👨💻 उदाहरण — IT इन्जिनियर: रू. १,५०,०/महिना (रू. १८,०,०/वर्ष)
पहिलो रू. १०L × १% = रू. १०,०रू. ५L (१०L–१५L) × १०% = रू. ५०,०
रू. ३L (१५L–१८L) × २०% = रू. ६०,०
कुल = रू. १,२०,०/वर्ष · मासिक TDS = रू. १०,०
पूँजीगत लाभकर — नयाँ दर
| सम्पत्ति | अवधि | दर | नोट |
|---|---|---|---|
| NEPSE सूचीकृत शेयर | >३६५ दिन | ७.५% | अन्तिम कर |
| NEPSE सूचीकृत शेयर | <३६५ दिन | १०% | अन्तिम कर |
| जग्गा र भवन | >५ वर्ष | ७.५% | — |
| जग्गा र भवन | <५ वर्ष | १०% | — |
| सरकारी अधिग्रहण | — | २.५% | सहुलियत दर |
अन्य वित्त ऐन २०८३ परिवर्तन
- दान कटौती: छुट पाउने संस्थामा रू. ३,०,०० सम्म
- नगद भुक्तानी सीमा: रू. २५,० — माथिको व्यापारिक खर्च अस्वीकृत
- सेवानिवृत्ति कोष भुक्तानी: TDS छैन
- दफा ५७: मृत्यु वा होल्डिङ परिवर्तनले लागू हुँदैन
- कर परीक्षण: ३ वर्षमा सीमित
- राइड सेयरिङ: VAT ५%, TDS १%
- बैंक/वित्त संस्था: दफा ४७(क) हटाइयो
अब के गर्ने?
- SSF मा नभएको भए भर्ना होस् — वार्षिक रू. १०,० बचत
- रोजगारदातालाई श्रावण १, २०८३ देखि नयाँ दरले TDS काट्न भन्नुहोस्
- रू. २५,०भन्दा बढीको व्यापारिक खर्च डिजिटल/चेकबाट गर्नुहोस्
- शेयर लगानीकर्ता: खरिद मिति राख्नुहोस् — ३६५+ दिनमा ७.५% CGT
- TaxNepal क्याल्कुलेटर प्रयोग गरेर सही कर हिसाब गर्नुहोस्
Share this article: साझा गर्नुहोस्:
Calculate Your Tax Under Finance Act 2083/84
वित्त ऐन २०८३/८४ मा आफ्नो कर हिसाब गर्नुहोस्
Free Nepal Tax Calculator — correct slabs: 1%/10%/20%/27%/29%. SSF benefit. Old vs new comparison. Bilingual.
निःशुल्क कर क्याल्कुलेटर — सही दर: १%/१०%/२०%/२७%/२९%। SSF फाइदा। पुरानोसँग तुलना।
Open Tax Calculator क्याल्कुलेटर खोल्नुहोस्
AI-Generated Content Disclaimer:
This article was created with AI assistance (Claude by Anthropic) and verified against the official Nepal Budget Speech 2083/84 (बजेट वक्तव्य आ.व. २०८३/८४) presented by Finance Minister Dr. Swarneem Wagle on Jestha 15, 2082 BS (May 29, 2025), and cross-checked using Google NotebookLM extraction. Content is for informational purposes only. For professional tax advice consult a qualified Chartered Accountant or visit IRD Nepal or Ministry of Finance Nepal.