Government Planning to Collect Service Charge for Payment of Taxes through Digital Wallets

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Government Planning to Collect Service Charge for Payment of Taxes through Digital Wallets

October 11: The government has decided to charge an additional fare for the payment of taxes through digital wallets of payment gateways associated with the Revenue Management Information System.

According to Nepal Rastra Bank, the service charge is free of cost for the time being due to Covid-19 crisis. However, service seekers will have to pay anything between Rs 5 to Rs 30 for the payment of taxes effective from mid-January.

The central bank amended the Unified Directive 2077 on Friday, adding a provision that makes transactions up to Rs 1000 free of cost for an indefinite period.

However, it has fixed service charge of Rs 5 for transaction between Rs 1000 to Rs 3000. Likewise, the service charge for transaction between Rs 3001 to Rs 10,000 has been fixed at Rs 10 while the transactions above Rs 10,001 has been fixed at Rs 30.

The central bank has said that the payment of taxes through digital wallets will be free of cost until January 13 considering the crisis created by coronavirus.

Executive Director of the Payments Management Department of Nepal Rastra Bank Bhuvan Kandel confirmed that the taxpayers can enjoy waiver of service charge for payments made through digital wallets until mid-January.

 

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