Hi, can any of my Nepali friend can explain me how taxes are imposed on fixed deposits?


Just curious about it, if anyone can help


View on r/NepalStock by Affectionate-Draw696


4 thoughts on “Hi, can any of my Nepali friend can explain me how taxes are imposed on fixed deposits?

  1. Suppose.
    Fixed deposit amount rs 100000,
    Interest rate 10% annually,
    Interest paid out period monthly or quarterly(3 months),
    If monthly then 100000*.1= 10000, 10000/12= 833.33 per month, then 5% capital gain tax is imposed so 833.33*.95= rs791.66

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