Agricultural income is levied on income earned form agricultural activity. It is largely based on a self-assessment system and is levied and collected by the Provincial governments through the Agricultural Knowledge Centers. Province 1 and 2 do not levy any agricultural income tax, while Karnali Province has not levied any agricultural income for this fiscal year.
Bagmati
Income Ceiling (NPR)
Rate of Tax
Till 500,000
Zero Percent
500,001-5,000,000
1.5 Percent
5,000,001-10,000,000
1.75 percent
More 10,000,000
2 percent
Gandaki
Income Ceiling (NPR)
Rate of Tax
Till 1,000,000
Zero Percent
1,000,001-2,000,000
1 Percent
More 2,000,000
2 percent
Lumbini
Income Ceiling (NPR)
Rate of Tax
Till 500,000
Zero Percent
500,001-1,000,000
5 Percent
1,000,001-2,000,000
10 percent
More than 2,000,000
For the first 2,000,000-10 percent, two percent per NPR 100,000 for the second 2,000,000 and 3 percent per NPR 100,000 for anything above.
