A comparative look at the taxes, fees and amnesty provisions introduced by the Finance Bill, 2083 what changed for FY 2026-27, and what relief taxpayers can claim.
01Executive Summary
This is the second instalment in our series on the Budget and Finance Bill, 2083, following our earlier note on the Budget Speech itself. Here we turn to the practical numbers: the specific taxes, fees and penalties the Finance Bill revises or introduces, set out side by side against last year’s rates, and the amnesty and waiver schemes the government has opened up for taxpayers who want to regularise past non-compliance.
Our aim is straightforward to give businesses, investors, professionals and individual taxpayers a quick, practical reference for what has actually changed and what steps they need to take before the relevant deadlines close.
02Comparative Chart of Taxes and Fees Charged by Finance Bill, 2083
| S.N. | Sector | Provisions | FY 26-27 | FY 25-26 |
|---|---|---|---|---|
| 1. | Manpower & Foreign Employment | Foreign employment service fee | No Change | 1% |
| 2. | Various | Pollution Control Fee on Sale of Petrol & Diesel | No Change | NPR 1.5/Ltr |
| 3. | Various | Infrastructure Development Fee on import of petrol & Diesel | – | NPR 10/Ltr |
| 4. | Various | Road maintenance & improvement Fee on import of Petrol & Diesel (Per Ltr.) | – | NPR 4 on petrol & NPR 2 on Diesel |
| 5. | Telecommunications | Telephone Connection Fee | No Change | NPR 500 |
| 6. | Telecommunications | Sim card and Recharge card fee | No Change | 2% |
| 7. | Telecommunications | Telecommunication Service Fee | No Change | 10% |
| 8. | Telecommunications | Tel. Service fee on Inter-connection charges & Fixed Broadband Service | No Change | 50% |
| 9. | All Importers | Green Tax on Import of Goods | Some Changes in Schedule 1 | As per Schedule 1 |
| 10. | All Importers | Domestic Production Preservation and Promotion Fee on import of goods | Rate As per Schedule 2 | – |
| 11. | Automobiles | Clean infrastructure Investment fee on imported or domestically produced electric vehicles and transport means | Rate as per Schedule 3 | – |
| 12. | Automobiles | Road Construction Fee on imported or domestically produced vehicles and transport means | Rate as per Schedule 4 | – |
| 13. | Hospitality/Jewellery | 2% Luxury Tax on goods & Services as per Schedule 5 | Schedule excludes Gold & Jewellery | Schedule Includes Gold & Jewellery |
| 14. | Jewelry / Precious Metals | Skills Promotions Fee on sale of Gold, Silver and their Jewelry | 0.50% | – |
| 15. | Banking | Education Service Fee on Foreign currency exchange facility provided to students going abroad for studies | No Change | 3% |
| 16. | Private Healthcare | Health equity fee to be charged on all service charges collected by private health service providers | 3% | – |
| 17. | Private Education | Education equity fee to be charged on all charges collected by Private educational Institutions from Student | 3% | – |
| 18. | Various | Health Risk Tax to be charged on items under Schedule 10 | Some Changes in Schedule 10 | Schedule 10 |
| 19. | Entertainment | Film Development Fee on entry charges of Foreign Films in Nepal | No Change | Schedule 11 |
| 20. | Hospitality | Annual Royalty Fee for Casino Operations | NPR 5.5 Crore | NPR 5 Crore |
| 21. | Hospitality | Annual Royalty Fee for machine-based Games | NPR 3 Crore | NPR 1.5 Crore |
| 22. | Non-Resident Digital Service Provider | Digital Service Tax to Non-Resident providing Digital Service to Nepalese consumer | No Change | 2% |
| 23. | Ride Sharing Platform | VAT to be charged on ride sharing fee and transport/delivery service fee by ride sharing Operator | 5% | – |
| 24. | Ride Sharing Platform | TDS to be deducted on ride sharing service fee payable to natural person providing service through ride sharing platform | 1% | – |
03Amnesty List by Finance Bill, 2083
| S.N. | Topic | Provision | Deadline |
|---|---|---|---|
| 1. | Imports for Hydropower Projects Against Bank Guarantee | Hydropower projects that already hold regulatory approval can import core construction items — equipment, machinery and components, explosives, penstock pipes and steel plates — against a bank guarantee covering customs, excise and VAT, provided the Department of Electricity Development recommends the import. | – |
| 2. | Deduction for Contribution to National Reconstruction Fund | Any contribution made to the National Reconstruction Fund during FY 2082/83 can be deducted when computing taxable income for that year. | 2082/83 |
| 3. | Relief for Loss of Trading Stock | Businesses that lost inventory during the Gen-Z movement can claim an income tax deduction and a VAT credit on stock that was uninsured, provided they meet the reporting and verification requirements. | 2082/83 |
| 4. | Relief for Damaged Business Assets | Businesses whose buildings, machinery, furniture or equipment were damaged during the Gen-Z movement qualify for a 50% customs and excise duty exemption when importing replacements. Casinos affected during the same period also get their royalty and renewal fees waived for the period their business was interrupted. | – |
| 5. | Tax Exemption for Foreign Aid Projects | Non-resident contractors and service providers working on foreign-aid-funded projects can claim an income tax exemption, where the underlying aid agreement itself provides for one. | – |
| 6. | Customs Duty Relief for NEA Projects | Imports for approved Nepal Electricity Authority projects financed by specified foreign loans attract only 1% customs duty, with the balance of the usual duty converted into a Government equity stake in the project. | – |
| 7. | Settlement of Old Taxes | Outstanding liabilities under repealed tax laws — the old hotel tax, entertainment tax, contract tax and sales tax — are being written off entirely. | – |
| 8. | Luxury Tax and VAT Settlement | Any uncollected luxury tax on gold and jewellery, and VAT on diamonds and gems, for periods up to FY 2082/83 is automatically settled without further action needed. | – |
| 9. | Destruction of Expired/Unusable Goods | Raw materials and finished or semi-finished goods sitting in industrial premises that have expired or can no longer be used may be destroyed, under the supervision of a committee headed by the Inland Revenue Office and witnessed by the District Administration Office, the Treasury and Controller Office, and the local Chamber of Commerce and Industry. Anything still usable can instead be retained, once it’s recorded in inventory and approved by the Inland Revenue Office. | Poush 2083 |
| 10. | Disposal of Excise Stamps | Excise stamps that were partly or fully destroyed during the Gen-Z movement, or are otherwise no longer usable, can be written off and destroyed following the standard verification and inventory procedure, supervised by the relevant authorities. | – |
| 11. | Waiver of Penalty and Interest on Post-Clearance Audit Assessments | Where a post-clearance audit under the Customs Act, 2064 has assessed customs duty, excise duty or VAT that remains unpaid — or is still under appeal — the importer can have all penalties and accrued interest waived simply by paying the principal amount assessed. | Poush 2083 |
| 12. | Exemption for Shipping Containers Returned by Shipping Companies | Shipping containers, whether owned by domestic or foreign lines, that have been sitting in customs premises for an extended period can be returned free of any fee or demurrage charge, as long as the application is filed by the end of Mangsir 2083. | Mangsir 2083 |
| 13. | Income Tax Relief for Entities Entering the Tax Net | Universities, diplomatic missions, development partners and non-resident investors are excused from filing income tax returns for FY 2082/83, other than for tax already withheld at source. Community schools and health institutions get the same relief on past liabilities, provided they file their returns by Poush 2083. | Poush 2083 |
| 14. | Tax, Interest and Fee Waiver for Non-Profit Organizations | Non-profits registered under the Association Registration Act, 2034 — the kind whose assets pass to the Government if they are dissolved — get a full waiver of tax, interest and fees on taxable income from donations, grants and gifts, as long as they file their FY 2082/83 return by the end of Poush 2083. | Poush 2083 |
| 15. | Waiver for Insurance Agents | Insurance agents who did not collect VAT in earlier years get that VAT, along with interest, additional fees and penalties, waived entirely, and will not need to file returns for those periods at all. | – |
| 16. | Waiver of Income Tax, Interest and Fees | This covers three groups of taxpayers. Those who earned taxable income without ever registering for a PAN or filing returns can regularise by getting a PAN and filing returns for FY 2079/80 through 2082/83 by the end of Poush 2083 — they still owe the tax itself, but all interest and fees are waived, and nothing is required for years before that window. Taxpayers who hold a PAN but have had no transactions or filings through FY 2081/82 can reactivate by filing their FY 2082/83 return, paying the tax due, and applying to resume business, all by Poush 2083; if they do not apply, the PAN is deregistered automatically, and reactivating later means paying the accumulated interest and fees for the gap. And taxpayers who earned income under an active PAN but never paid the tax or filed returns can settle by paying the tax owed plus 1% of that amount and filing by the end of Poush 2083, with interest and fees waived. | Poush 2083 |
| 17. | Special Provision on Waiver of VAT Penalties and Interest | VAT-registered businesses that missed filing returns or depositing VAT can come into compliance by filing the outstanding returns and paying the VAT owed plus an extra 1%; interest, penalties and additional fees are waived. | Poush 2083 |
| 18. | VAT Settlement on Cheese | Past VAT on cheese sales that was never collected has simply been waived. | Poush 2083 |
| 19. | Waiver of Excise Penalties and Late Fees | Excise taxpayers who did not collect or pay duties can settle by filing their returns and paying the excise due plus 1% by Poush 2083, with penalties and late fees waived. Separately, licence holders who renew by Ashoj 2083 have their past renewal fees and penalties waived; licences that are not renewed by then are cancelled automatically. | Poush 2083/Ashoj 2083 |
| 20. | Waiver for Filed but Unpaid Taxes | Taxpayers who filed their VAT, income tax or excise returns but never paid the tax owed can clear interest, penalties, additional charges and late fees by paying the outstanding tax plus an extra 1%. | Poush 2083 |
| 21. | Waiver for Assessed Tax Liabilities | Taxpayers with liabilities from assessments made up to Jestha 15, 2083 can waive the penalties, additional charges and interest by paying the assessed tax plus 1% more. Telecom service providers are excluded from this facility. | Poush 2083 |
| 22. | Settlement of Pending Tax Disputes | Taxpayers with tax disputes still pending before administrative or judicial bodies can withdraw their case and settle by paying the disputed tax plus 1%, with interest, penalties and late fees waived. As with the assessment waiver above, telecom service providers cannot use this facility. | Poush 2083 |
| 23. | Relief for Employees of International Organizations | Resident Nepali staff working for the United Nations, other international organisations, or diplomatic missions can regularise their tax position by filing returns and paying the tax owed plus 1%, with interest and fees waived. | Mangsir 2083 |
| 24. | Waiver of Fees, Interest, and Penalties under the Companies Act, 2063 | A company registered under the Companies Act, 2063 that has fallen behind on statutory filings, registration renewal, or payment of taxes, fees or penalties can have all of that outstanding liability waived in full, up to the date it comes into compliance. To qualify, the company has to file the required returns and pay whatever is due for FY 2082/83 by the end of Ashwin 2083 — this applies equally whether the company plans to keep operating or wind down. | Ashwin 2083 |
| 25. | Settlement of Pending Tax Cases | Income tax and VAT cases brought under the Revenue Leakage (Investigation and Control) Act, 2052 that are still working through the courts can be settled if the taxpayer pays the assessed amount plus 1% and applies to the relevant office by the end of Poush 2083; penalties are waived, and the Government may withdraw the case. | Poush 2083 |
| 26. | Bank Guarantee or Cash Deposit Release | Industries that imported raw materials under a bank guarantee through a bonded-warehouse licence — or under a passbook facility without such a licence — can get that guarantee or deposit released once they export the finished goods, bring in the foreign currency proceeds, and submit the supporting documents, all by the end of Mangsir 2083. | Mangsir 2083 |
| 27. | Transfer of Duty-Free Vehicles | Foreign diplomatic missions and donor agencies can transfer vehicles they imported under diplomatic or customs concessions to any Government of Nepal agency, provided the vehicle is no more than ten years old, by the end of Poush 2083. Vehicles transferred this way are fully exempt from customs duty, VAT, excise duty and the road construction levy. | Poush 2083 |
For more information on how these changes might affect your business, please write to us at enquiry@reliancecs.co.