Nepal Finance Minister Bishnu Paudel delivered the Budget Speech for fiscal year 2021/22 on 29 May 2021. Some of the main measures include: An income tax exemption depending on annual turnover up to NPR 10 million: up to NPR 2 million - 90% exemption NPR 2 million to 5 million - 75% exemption NPR 5 million to 10 million - 50% exemption A 1% income tax rate for sectors greatly impacted by the COVID-19 pandemic, including hotels, tourism, transportation, and others, along with an increase in the loss carryforward limit to 10 years for such sectors; An income tax exemption...