What is the new income tax rate in Nepal for FY 2083/84?

Effective 1 Shrawan 2083, individual income tax in Nepal follows unified progressive slabs: 1% up to Rs 10,00,000, 10% on the next Rs 5,00,000, 20% on the next Rs 10,00,000, 27% on the next Rs 15,00,000, and 29% above Rs 40,00,000.

Is the 1% Social Security Tax still applicable in 2083/84?

Yes, the first Rs 10,00,000 of taxable income is taxed at 1% as Social Security Tax, unless the individual is a Social Security Fund (SSF) contributor, in which case this portion is waived.

What deductions can I claim before calculating tax?

You can deduct SSF/EPF/CIT contributions up to the lower of Rs 5,00,000 or one-third of your income, life insurance premiums up to Rs 40,000, and health insurance premiums up to Rs 20,000.

Nepal income tax · FY 2083/84

Tax Calculator.

Unified progressive slabs from Budget 2083/84, effective 1 Shrawan 2083 (mid-July 2026) — with SSF/EPF/CIT, insurance premium, and Dashain/yearly bonus built in.

1Income & deductions

Annual salary income

Base yearly salary/business income, before bonuses or deductions.

Dashain bonus

Festival bonus (usually one month's basic salary) — taxable, added to annual income.

Other yearly bonus

Performance / annual bonus from employer — taxable, added to annual income.

SSF / EPF / CIT contribution (yours + employer's, if any)

Deductible up to whichever is lower: Rs 5,00,000 or 1/3 of income.

Life insurance premium paid

Deductible up to Rs 40,000 per year.

Health insurance premium paid

Deductible up to Rs 20,000 per year.

I'm an SSF contributor

Waives the 1% Social Security Tax on the first Rs 10,00,000 slab.

Total tax payable

रू 0/ year

Effective rate0%

Est. monthly TDSरू 0

Net monthly salaryरू 0

Net annual incomeरू 0

2Slab-wise breakdown

Slab	Rate	Tax
Total tax		रू 0

Salary incomeरू 0

Dashain + yearly bonusरू 0

Gross incomeरू 0

Gross monthly salary (before bonus)रू 0

Total deductions claimed− रू 0

Taxable incomeरू 0

Nepal taxes progressively — each rate applies only to the slice of income inside that band, not your whole income. The first Rs 10 lakh still carries a 1% Social Security Tax unless waived for SSF contributors.