Free tool
Freelancer tax calculator
Enter your foreign-currency income and your costs. See the flat 5% tax against the ordinary slabs.
Rs.
Converted to rupees, received through a Nepali bank
Rs.
Software, internet, equipment, workspace. Optional
How this is worked out
A resident individual exporting IT services and paid in foreign currency through a bank can qualify for a flat 5% final tax on the gross receipts, with no deduction for costs. The alternative is to be taxed on profit under the ordinary slabs. The flat rate wins until costs are large. The comparison below uses the single-person FY 2083/84 slabs with no other income and no allowances.
Flat 5% is lower
Rs. 0
Enter your figures to see the result.
Eligibility depends on the type of service, residence, banking channel and the current Finance Act. Creator income such as ad revenue may not qualify. This is a comparison, not a filing.
The right route depends on how you earn and how you bank it. A short review settles it before you file.
Book a free callFigures follow FY 2083/84 and change with each Finance Act. This is a general guide, not advice on your circumstances. Where the amount is material, have the position checked before you act.