Land price depends on economic significance of a particular location and on other amenities. Fair value for land and housing is totally dependent on major national economy amenities such as, road connection, market proximity, excess of local facilities and topography.
House and Land Tax Act, 2019 (1962)
An Act made to Provide for Levying Tax on House and Land in Urban AreasPreamble: Whereas, it is expedient to levy tax on the house and land in the urban areas in order to increase national income for the de
Development of the country; Now, therefore, be it enacted by His Majesty K ing Mahendra Bir Bikram Shah Dev, pursuant to Article 93 of the Constitution of Nepal.
Short Title, Extension and Commencement:
(1) This Act may be called as the "House and Land Tax Act, 2019 (1962)".
(2) It shall extend all over Nepal and shall also apply to any person who is residing outside the Nepal and holds house and land in the Nepal.
(3) It shall be deemed to have been commenced since 9thShrawan 2019 (July 24, 1962)
Valuation of house and land of urban area: The Tax Officer shall, on the basis of the prescribed principles, valuate the house and land of the urban area for the purpose of house and land tax to be levied on such house and land in the urban area pursuant to the prevailing Act.
click the download below to view all the details...
DOWNLOAD
Lalitpur House and Land Price, Tax Rate 2076
DOWNLOAD
House and Land Tax Rate 2070-71
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READ ALSO:
House and Land Tax Act, 2019 (1962)
An Act made to Provide for Levying Tax on House and Land in Urban AreasPreamble: Whereas, it is expedient to levy tax on the house and land in the urban areas in order to increase national income for the de
Development of the country; Now, therefore, be it enacted by His Majesty K ing Mahendra Bir Bikram Shah Dev, pursuant to Article 93 of the Constitution of Nepal.
Short Title, Extension and Commencement:
(1) This Act may be called as the "House and Land Tax Act, 2019 (1962)".
(2) It shall extend all over Nepal and shall also apply to any person who is residing outside the Nepal and holds house and land in the Nepal.
(3) It shall be deemed to have been commenced since 9thShrawan 2019 (July 24, 1962)
Valuation of house and land of urban area: The Tax Officer shall, on the basis of the prescribed principles, valuate the house and land of the urban area for the purpose of house and land tax to be levied on such house and land in the urban area pursuant to the prevailing Act.
click the download below to view all the details...
DOWNLOAD
Lalitpur House and Land Price, Tax Rate 2076
DOWNLOAD
House and Land Tax Rate 2070-71
DOWNLOAD
READ ALSO:
