We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
Kathmandu Metropolitan City has written to government-owned entities and organizations registered in the name of social organizations but operating businesses to pay taxes.
In the first phase, the organizations that have been sent such letters are Agricultural Materials Company Limited, Kuleshwar, Pashupati Area Development Fund, Marwari Service Committee, Fasikhel, Newroad and Food Management and Trade Company Limited. Deepak Adhikari, head of the revenue department informed that these companies have been contacted to pay property tax and property tax.
"According to the constitutional and legal provisions, the restored tax levied on the restored amount should be submitted to the local level," said the chief officer of the department, saying that there should be no ambiguity among taxpayers regarding the restored tax. According to Article 57 (4) and Schedule 8 of the Constitution of Nepal, the subject of house restoration tax collection falls under the sole authority of the local level. Article 60 of the Constitution provides that the local level can levy taxes and collect revenue on matters within its economic jurisdiction.
In Section 57 of the Local Government Operation Act, 2074, if any person or organization within the area of the rural municipality or municipality gives a building, house, shop, garage, warehouse, terrace, thatch, factory, land or pond in whole or in part, the rural municipality or municipality There is a provision that there will be reinstated tax. According to this arrangement, only the company can collect the tax on the retained income within the company.
With this, Section 3 (3) of the Intergovernmental Finance Management Act, 2074 And Schedule 3 provides that the local level can levy house restoration tax according to local laws. Chapter 4 of the Revenue Act, 2075, Economic Act, and House Restitution Management Guideline, 2079, issued by KAMPA, have provisions regarding the collection of restitution tax for buildings, houses or land that have been restored by individuals or organizations within their area. In order to restore the
, the Municipal Council of Kampa has issued the Revenue Act of Kampa, 2075 in accordance with clause (1) of Article 226 of the Constitution of Nepal and Section 102 of the Local Government Act, 2074. According to the article of the constitution, the annual economic law issued by the municipal assembly has been levying tax on the income of all taxpayers.
