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Started 12 hours ago · Updated 11 hours ago

Government to Launch State-Owned E-Billing Software to Curb Tax Leakage

Photo · english.ratopati.com

The Nepali government plans to develop and launch its own state-owned electronic billing software, aiming to curb tax leakage and enhance tax administration. Finance Minister Swarnim Wagle is expected to announce the initiative in the upcoming national budget, which will provide the software free of charge to businesses responsible for collecting VAT and excise duties.

  • The new system aims to replace private vendor-approved software, which has imposed significant costs and technical burdens on taxpayers.
  • Concerns over revenue leakage and potential data misuse due to vendor-controlled software vulnerabilities are driving the government's decision.
  • The initiative is part of Nepal's broader strategy to digitize VAT billing and strengthen real-time monitoring of invoices through a unified platform.
  • The current Central Billing Monitoring System (CBMS) has limitations, as many smaller businesses operate outside the system, reducing tax transparency.

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Inland Revenue Department Swarnim Wagle Nepal

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