KATHMANDU: Kathmandu Metropolitan City is to provide special tax discounts to taxpayers affected by the COVID-19 pandemic.
During the release of the Policies and Programs of the KMC for the coming fiscal year 2021/22, KMC shared that an arrangement of special tax discounts to taxpayers affected by the COVID-19 pandemic would be made.
The policy and program mentioned, “The landlord, submitting the details and agreement of the people living at their house in rent at the ward office, will be given a discount of 10 percent of the rent amount or Rs. 25,000 whichever is less. The private sector will also be mobilized for the same.”
“Concessions will be given to the service recipients who pay taxes, service charges, and fines through banking or electronic system. Program running under Public-Private Partnership and COVID-19 affected taxpayers will also get discount”, reads the policy and program.
The KMC has adopted a policy to give significant tax discounts to the business (hotel and tourism) affected by COVID-19.
The policy and program has also mentioned that the details of the people living at the KMC area on a temporary basis would also be kept with the collaboration of bodies concerned in order to make urban service distribution effective.
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