Nepal Income Tax Calculator for FY 2083/84
This calculator estimates your annual income tax using the slabs introduced in the Nepal budget for fiscal year 2083/84 (from Shrawan 2083, mid-July 2026). Enter your salary and your retirement fund, CIT and insurance contributions to see your taxable income, tax, monthly take-home pay and the tax in each slab.
Income tax slabs, FY 2083/84
The budget merged the separate tables for single people and couples into one schedule that applies to every resident individual:
- Up to NPR 10,00,000: 1%
- NPR 10,00,001 – 15,00,000: 10%
- NPR 15,00,001 – 25,00,000: 20%
- NPR 25,00,001 – 40,00,000: 27%
- Above NPR 40,00,000: 29%
The first slab is a 1% social security tax rather than a zero-rate allowance. It is not charged to contributors to the Social Security Fund (SSF), and this calculator applies that waiver when you enter an SSF contribution.
What changed from 2082/83
- The 1% slab grew from NPR 5 lakh to NPR 10 lakh.
- The top rate fell from 39% to 29%, and six slabs became five.
- The separate slab for married couples was removed, so there is no marital status option any more.
Retirement deduction (EPF, SSF and CIT)
Contributions to a provident fund (EPF), the Social Security Fund and the Citizen Investment Trust (CIT) share one deduction. You can deduct the lowest of three amounts: what you actually contributed, NPR 5,00,000, or one-third of your assessable income. This limit did not change in 2083/84. Life insurance premiums (up to NPR 40,000) and health insurance premiums (up to NPR 20,000) are deducted separately.
Worked examples
- Taxable income NPR 8,00,000: 1% of 8,00,000 = NPR 8,000.
- Taxable income NPR 20,00,000: 10,000 + 50,000 + 20% of 5,00,000 (1,00,000) = NPR 1,60,000.
- Taxable income NPR 30,00,000: 10,000 + 50,000 + 2,00,000 + 27% of 5,00,000 (1,35,000) = NPR 3,95,000.
Effective vs marginal rate
Your effective rate is total tax divided by income. Your marginal rate is the rate on your next rupee, which is the rate of the highest slab you reach.
Notes
- This is an estimate for planning. Your employer’s payroll and the Inland Revenue Department decide the final figure.
- Rules, limits and exemptions can change with each Finance Act. Check the latest notice before filing.
- Everything is calculated in your browser, and nothing about your income is sent anywhere.