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10 Top Favourite TDS Rates in Nepal

TDS stands for Tax Deductible at Source which means that the tax is collected by the entity (withholder) who makes payment to the party (withholdee).

The company should withhold the TDS while making payment and deposit it within 25th day of following month.

10 Top TDS rates used in Nepal

The TDS rates used in Nepal are as under:

TDS rates of Nepal
Description of Payment TDS RATES
Social Security Tax (Salary & Wages) 1% of payment amount
Payment of interest to entity having source in Nepal 15%
Royalty, Service Fees, commission,Sales Bonus 15%
Meeting Allowance, Part- time teaching allowance  15%
Payment of interest to person by bank 6%
Payment to service provider registered in VAT 1.5%
Rent Payment  10%

Freight payment to person  registered in PAN

2.5%
Freight payment to person registered in VAT 1.5%
Windfall Gain  25%

 

 


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