Select the fiscal year for tax calculation. Slab rates change each year.

Income Information

Your base salary before any deductions or allowances
Income from sources other than your main employment

Monthly Allowances

The percentage is the percent of monthly basic salary.
Amount means fixed value in NPR per month.

Investment & Deductions

Max deduction annual: NPR 500,000 or 1/3 of gross income
Max deduction: NPR 40,000 per year
Max deduction: NPR 20,000 per year
Max deduction: 5% of taxable income or NPR 100,000

Tax Calculation Results

Total Annual Income

NPR 0

Taxable Income

NPR 0

Income Tax Liability

Annual: NPR 0
Monthly: NPR 0

Income Breakdown

Basic Salary (Annual) NPR 0
Festival Bonus NPR 0
Total Allowances NPR 0
Other Income NPR 0
Gross Annual Income NPR 0

Deduction Breakdown

Deduction Type Annual (NPR) Monthly (NPR)
CIT Investment NPR 0 NPR 0
SSF Contribution (Employee + Employer) NPR 0 NPR 0
Insurance Premium NPR 0 -
Provident Fund NPR 0 NPR 0
Health Insurance NPR 0 -
Donations NPR 0 -
Total Deductions NPR 0 NPR 0

Net Cost of Insurance After Tax Savings

Life Insurance NPR --
Health Insurance NPR --

Shows your actual out-of-pocket cost after tax savings from insurance investments.

Tax Optimization Recommendations

  • Increase CIT investment to maximize deductions
  • Consider additional life insurance coverage
  • Maximize SSF contributions for better returns

Tax Efficiency Analysis

Tax Efficiency 0%
Savings Rate 0%

Monthly Take-Home

NPR 0

Monthly Savings

NPR 0

Tax Saved

NPR 0

Tax-Saving Investment Options

CIT/SSF/PF Investment

Up to NPR 500,000 combined Employee SSF, CIT and PF or 1/3 of income

Life Insurance

Up to NPR 40,000 annually

Health Insurance

Up to NPR 20,000 annually

Donations

Up to 5% of taxable income or NPR 100,000

Retirement Fund

Up to 10% of basic salary

Tax Planning Guide

CIT Strategies

Citizens Investment Trust offers tax-efficient savings with up to NPR 500,000 deduction. Consider long-term CIT bonds for stable returns.

Health Insurance

NPR 20,000 premium deduction available. Consider family coverage for comprehensive protection and tax benefits.

Retirement Planning

Retirement funds offer up to 10% deduction on basic salary. Consider starting early for compound growth.