The Only Highest Taxpayer List of Nepal You Will Ever Need

By Admin · Economics and Finance · 1 year ago · 6 min read

Introduction

Nepal is a country whose one and only billionaire, Mr. Binod Kumar Chaudhary, marks his presence on the list of billionaires published by Forbes Magazine every year. He has invested in many countries around the world, including FMCG products, electronics, education, and the hospitality sector.

National Tax Day of Nepal

National Tax Day is celebrated every November 16 in Nepal, which marks the introduction of VAT in Nepal in 1997. Previously, this day was observed as VAT Day, which was converted to National Tax Day in 2012. On this day, the highest tax payers—individuals and entities from various sectors—are being honored for their contribution to achieving the target tax of the Inland Revenue Department.

Sectors of Honor by the Inland Revenue Department

The Inland Revenue Department announces various tax payers as excellent tax payers under different heads, like the highest tax-paying taxpayer, The highest tax-paying taxpayer from exports The highest tax-paying taxpayer from among special industries, Highest tax-paying taxpayers from agriculture and animal-based industries, Highest tax-paying taxpayer from among entities doing cooperatives and microfinance transactions, The highest tax-paying taxpayers come from entities doing bank and financial transactions. Highest tax-paying taxpayers from entities doing insurance business, The highest tax-paying taxpayers from entities providing health and education services, The highest tax-paying taxpayers from entities doing business in tourism, the highest tax-paying taxpayers from entities doing business in goods, Highest tax-paying taxpayer from among medium-scale taxpayers, Highest tax-paying taxpayer from among energy-based industries, The highest tax-paying taxpayer from among remittance and money transfer entities, The highest tax paying taxpayer from among individual income taxes, Highest tax-paying taxpayer from total inland revenue and highest VAT-paying entities.

The List of Highest Tax Payers of Nepal of Last Three Years

The list of the highest payers of Nepal of 2076/77 are presented below:

Sectors Of Honour

Entities Receiving The Award

Highest Tax paying Taxpayer

Nepal Telecom Limited

Highest tax paying taxpayer from Export

Dabar Nepal Private Limited

Highest tax paying taxpayer from among Special Industries

Asian Paints Nepal Private Limited

Highest tax paying taxpayer from Agriculture and animal based Industries

Purwanchal Agritech Private Limited

Highest tax paying taxpayer from among entities doing Co-operatives and micro finance transactions

Chhimek Laghubitta Bittiya Sanstha Limited

Highest tax paying taxpayer from entities doing bank and financial transactions

Nabil Bank Limited

Highest tax paying taxpayer from entities doing insurance business

Nepal Reinsurance Company Limited

Highest tax paying taxpayer from entities doing health and education service providers

Nobel Medical College Teaching Hospital Private Limited

Highest tax paying taxpayer from entities doing business of Tourism

Taragaon Regency Hotels Limited

Highest tax paying taxpayer from entities doing business of goods

Bhatbhateni Supermarket and Departmental Store Private Limited

Highest tax paying taxpayer from among medium scale taxpayers

Credit Information Centre Company Limited

Highest tax paying taxpayer from among energy based industries

Himal Power Limited

Highest tax paying taxpayer from among individual income tax

Siddhartha Sumsher JB Rana

Highest tax paying taxpayer from total inland revenue

Surya Nepal Private Limited

Highest VAT paying entity from Shrawan 2066 to Ashadh 2078

Ghorahi Cement Industries Limited

The list of the highest payers of Nepal of 2077/78 are presented below:

Sectors Of Honour

Entities Receiving The Award

Highest Tax paying Taxpayer

Nepal Telecom Limited

Highest tax paying taxpayer from Export

Shree Shiva Shakti Ghee Industry Private Limited

Highest tax paying taxpayer from among Special Industries

Rajesh Metal Crafts Private Limited

Highest tax paying taxpayer from Agriculture and animal based Industries

O.C.B Foods and Feeds Private Limited

Highest tax paying taxpayer from among entities doing Co-operatives and micro finance transactions

Chhimek Laghubitta Bittiya Sanstha Limited

Highest tax paying taxpayer from entities doing bank and financial transactions

Nabil Bank Limited

Highest tax paying taxpayer from entities doing insurance business

Nepal Reinsurance Company Limited

Highest tax paying taxpayer from entities doing health and education service providers

Nobel Medical College Teaching Hospital Private Limited

Highest tax paying taxpayer from entities doing business of Tourism

Manakamana Darsan Private Limited

Highest tax paying taxpayer from entities doing business of goods

Hansaraj Hulaschand and Company Private Limited

Highest tax paying taxpayer from among medium scale taxpayers

Nepal Stock Exchange Market Limited

Highest tax paying taxpayer from among energy based industries

Chilime Hydropower Company Limited

Highest tax paying taxpayer from among remittance and money transfer entities

IME Limited

Highest tax paying taxpayer from among individual income tax

Bijay Kumar Shah

Highest tax paying taxpayer from total inland revenue

Surya Nepal Private Limited

Highest VAT paying entity from Shrawan 2067 to Ashadh 2079

Gurkha Brewery Private Limited

The list of the highest payers of Nepal of 2078/79 are presented below:

Sectors Of Honour

Entities Receiving The Award

Highest Tax paying Taxpayer

Nepal Telecom Limited

Highest tax paying taxpayer from Export

Dabar Nepal Private Limited

Highest tax paying taxpayer from among Special Industries

Asian Paints Private Limited

Highest tax paying taxpayer from Agriculture and animal based Industries

O.C.B Foods and Feeds Private Limited

Highest tax paying taxpayer from among entities doing Co-operatives and micro finance transactions

Chhimek Laghubitta Bittiya Sanstha Limited

Highest tax paying taxpayer from entities doing bank and financial transactions

Global IME Bank Limited

Highest tax paying taxpayer from entities doing insurance business

Life Insurance Corporation (Nepal) Private Limited

Highest tax paying taxpayer from entities doing health and education service providers

Nobel Medical College Teaching Hospital Private Limited

Highest tax paying taxpayer from entities doing business of Tourism

Manakamana Darshan Private Limited

Highest tax paying taxpayer from entities doing business of goods

Bhatbhateni Supermarket and Departmental Store Private Limited

Highest tax paying taxpayer from among medium scale taxpayers

Nepal Stock Exchange Market Limited

Highest tax paying taxpayer from among energy based industries

Bhotekoshi Power Company Private Limited

Highest tax paying taxpayer from among remittance and money transfer entities

IME Limited

Highest tax paying taxpayer from among individual income tax

Bijay Kumar Shah

Highest tax paying taxpayer from total inland revenue

Surya Nepal Private Limited

Highest VAT paying entities Shrawan 2075 to Ashadh 2079

Surya Nepal Private Limited

 

From the above list of taxpayers for the last three years, we came to the conclusion that Nepal Telecom Limited is the highest taxpayer in Nepal.