Income Tax Act, 2002
What is the Income Tax Act 2002? The Income Tax Act 2002 of Nepal serves as the primary legislation governing the taxation of income within the country. It outlines the framework for determining taxable income, rates of taxation, exemptions, and filing requirements. This act provides the
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Arbitration Act, 1999
What is the Arbitration Act 1999? The Arbitration Act 1999 in Nepal governs the arbitration process within the country, providing a legal framework for resolving disputes outside the traditional court system. It incorporates principles of international arbitration while ensuring compatibility with domestic laws. The Act aims
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Foreign Exchange Act ,1963
What is the Foreign Exchange Act 1963? The Foreign Exchange Act 1963 is a pivotal legislation in Nepal governing foreign exchange transactions. It provides the legal framework for regulating the inflow, outflow, and management of foreign exchange in the country. This act empowers the Nepal Rastra
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Investment Board Act, 2011
What is the Investment Board Act 2011? The Investment Board Act 2011 of Nepal establishes the Investment Board Nepal (IBN) as a statutory body tasked with promoting and facilitating both domestic and foreign investments in the country. This Act provides the legal framework for the IBN
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Companies Act, 2006
What is the Companies Act 2006? The Companies Act 2006 is a comprehensive piece of legislation enacted by the Government of Nepal to regulate the incorporation, operation, and dissolution of companies within the country. The Act provides a legal framework for the establishment of various types
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Bank and Financial Institutions Act 2006
1. What is the Bank and Financial Institutions Act 2006? The Bank and Financial Institutions Act 2006 (BAFIA) is a pivotal piece of legislation in Nepal that governs the establishment, operation, and regulation of banks and financial institutions. Enacted to ensure the stability, integrity, and efficiency
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Mines and Mineral Resources Act, 1985
1. What is the Mines and Mineral Resources Act 1985? The Mines and Mineral Resources Act 1985 is a legislative framework established in Nepal to regulate the exploration, extraction, and management of mineral resources. The Act provides a comprehensive structure for the legal oversight of mining
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Nepal Petroleum Act, 1983
What is the Nepal Petroleum Act 1983? The Nepal Petroleum Act 1983 establishes the legal framework governing petroleum exploration, production, and distribution in Nepal. It outlines the rights, obligations, and regulatory provisions applicable to entities involved in the petroleum sector within the country. The Act aims
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Private Investment in Infrastructure Act, 2006
What is the Private Investment in Infrastructure Act 2006? The Private Investment in Infrastructure Act 2006 in Nepal is legislation designed to facilitate and regulate private sector participation in infrastructure development projects across the country. It establishes the legal framework through which private investors can engage
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Electricity Act, 1992
What is the Electricity Act 1992? The Electricity Act 1992 is a legal framework that governs the production, transmission, and distribution of electricity in Nepal. Enacted by the Government of Nepal, this act aims to facilitate the development and management of electricity infrastructure to meet the
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