Deductible up to the lower of actual contribution, 1/3rd of assessable income, or Rs. 5,00,000 for SSF contributors (Rs. 3,00,000 for standard EPF/CIT).

Life Insurance: up to Rs. 40,000. Health Insurance: up to Rs. 20,000. Private Residential Building Insurance: up to Rs. 10,000 annually.

Resident females with salary income receive a 10% direct tax rebate. Medical Tax Credit reduces tax liability by 15% of medical expenses (up to Rs. 750).

Under the latest Finance Act, separate tax slabs for single individuals and married couples have been unified. Both unmarried and married resident taxpayers share identical slabs starting with the Rs. 10 Lakh baseline. If you need to assess prior tax years, switch to the "Up to FY 2082/83" mode in the calculator above.

Individuals enrolled in the Social Security Fund (SSF) are statutorily exempt from the 1% Social Security Tax on their first income slab. Under FY 2083/84, this 0% rate applies across the full first Rs. 10,00,000 of taxable earnings, saving up to Rs. 10,000 annually in SST.

Section 87 applies exclusively to employee remuneration using progressive annual slabs divided by 12. Payments for rent, professional fees, or consulting are governed under Section 88 using flat withholding rates. For vendor or consulting payments, use our dedicated Nepal TDS Calculator.