September 14, 2018

Taxation and Financial Policy

PANELIST NAME

  • 1. Chudamani Sharma, DG, IRD, GON
  • 2. FCA Hari Silwal, President, ACAN
  • 3. FCA Bhavanath Dahal, Senior Tax Expert
  • 4. FCA Bal Chandra Shrestha, MBA, LLM, MA, B.Ed., Chairman, CAI
  • 5. Kapil Subedi, Joint Secretary, Ministry of Finance
  • 6. SP Dhakal, Board, Chamber of Commerce
  • 7. FCA Mukul Bhatt, Tax expert
  • 8. Alpa Shakya, Chairman, GO Nepal

Kathmandu, September 21, 2016: Having a knowledge of Tax Policy of Nepal, Tax Planning, Accounting Software, making of Financial Statements and financial plans are very important subjects for the Entrepreneurs and Accounts and Finance Personnel.

Keeping this in mind, RSTCA, a premier management consulting firm in Nepal recently organized a workshop to make all the entrepreneurs and accounts and finance department personnel well equipped leading to making successful business ventures. The workshop was successful to teach them about the taxation policy of Nepal, tax planning and the entrepreneurship development in this field.

In the programme, various dignified persons, including Chudamani Sharma, Director General at Inland Revenue Department of the Government of Nepal; Hari Silwal, President of the Association of Chartered Accountants Nepal; Bhavanath Dahal, Senior Tax Expert among others shared their knowledge and experience on various topics.

Benefitting from the programme were the Finance Managers, Admin Managers, Accountants, Cashiers, CA Students, MBA Students, Masters Level Students, 10+2 Students opting to study CA, Government Officers and Tax and Financial Planners among others.

The programme was successful to teach them the basic concepts of Income Tax and VAT, applications of VAT under different business transactions, VAT computation methods and accounting and controls under VAT Laws. The programme also covered various other topics including how to starting a company, making of Chart of Accounts, Making Ledgers, Budget and Currency, Recording Vouchers, Reconciliation of Voucher and Ledger, Making Trial Balance, Making profit and loss, Making Balance Sheet, Making Cash Flow, Making Financial Planning, Making Business Studies and hence Financial Projection, Product Pricing among many other topics.