One percent advance tax on income earned from social media

The government is going to charge a one percent advance tax on the payment of money earned from social media. On Friday, Finance Minister Janardhan Sharma said this while presenting the budget replacement bill.

Speaking, Minister Sharma said, ‘If a resident natural person who is not involved in business operations has received foreign currency payment for providing software or other electronic services of a similar nature outside Nepal or for uploading audio-visual content on social networks, the relevant banks, financial institutions or money transfer organizations I have arranged to collect advance tax at the rate of 1 percent of the amount received while providing such payment.’

He also said that all the taxes and duties to be paid at the customs point will be arranged through the electronic system.

you may also like to read about: Lal Bahadur Rajwar, Danda Singh, Santa Bahadur, and listen to popular Hindi music of the best singers, and watch movies based on love stories do you also want to play games on iOS,  after you get tired and sleepy you can listen and watch to the healing mediation music for deep sleep and relaxation videos in Rajawar mediation music and videos of chicks, hen, dog, and chicken friendship. after visiting natural places on the screen you can take pictures and reduce their size by using the Image Compressor tool the best tool available online to compress images, age calculator, English to Nepali, generate fancy text or fancy text generator to make your text look unique can attract your friends. love calculator you can capture the image file and convert them from PNG to JPEG converter online and also image to webp for the smaller size. to share these pictures online you have to use WhatsApp messaging service by downloading WhatsApp software. you can use typing master online to speed up your typing skills. you can convert unit from the unit converter. you can also download youtube thumbnails from a youtube thumbnail downloader. you can look at the Nepali calendar for celebration or festival dates. you can also recover your old photos and videos through CD DVD Recovery Toolbox Software for free and you can share them by posting them to your blogs and websites hosted on the best web hosting platforms or service providers in the world.

Previous articleSpotify will choose the songs you listen to
Next articleFacebook Reveals Incomplete Data to Researchers Studying Misinformation