PSC Exam Question - What is Government Revenue? General Information on Revenue Administration - Tax, Custom and Excise Duty of Nepal

Introduction - General Information on Revenue Administration - Tax, Custom and Excise Duty of Nepal

The mechanism to collect, operate and manage revenue by controlling the scope of revenue and controlling the revenue of the revenue is called the Revenue Administration. The main objective of the Revenue Administration is to collect revenue, make the scope of royalty, stop the leakage of leakage and give you the right to use the right hand. There is a legal and institutional arrangement to manage the governance of the government in Nepal, and the revenue administration of the country has not been able to arrange.

Legal and institutional arrangements regarding governance and tax administration in Nepal

• Value Added Tax Act, 2052
• Income Tax Act, 2058
• AntaM Sulka Act, 2058
• Customs Act, 2064
• Revenue leakage (research and control) Act, 2052

Institutional system

• Ministry of Finance: To build and implement the tax and revenue policy, the Central body of the Revenue Administration,
• Internal Revenue Department and Office under: Income Tax, Value Added Tax and Consolidation Tax and Tax Administration Administration,
• Department of Customs and Under this office: Collection of Customs Tax and Administration of Customs Administration,
• Revenue Research Department and Office under: Research body, control body,