Government to launch state-owned e-billing software to curb tax leakage

english.clickmandu.com · 10 hours ago

The government of Nepal is preparing to launch its own state-owned electronic billing software system, aiming to curb tax leakage and reduce compliance costs for businesses. This initiative, expected to be announced in the upcoming national budget by Finance Minister Swarnim Wagle, will provide a centralized, free software platform for businesses to issue VAT and excise duty invoices. The move aims to improve tax oversight, minimize data manipulation, and bring more small businesses into the formal digital tax network, addressing issues with current vendor-controlled systems.