Firm Regd. No. 1432 | COP No. 1612 | ICAN Registered Chartered Accountants
SA

Sima & Associates

ICAN Regd. No. 1432

Pokhara-10, Kaski, Nepal

061-583700 / +977-9866064214

COP No. 1612 | Regd. No. 1432

Technical Knowledge Hub

Tax Circulars & Professional Guidance

Practical analyses of prevailing Nepalese tax legislation, IRD circulars, budget decrees, and international reporting standards published by our technical cell.

NFRS Guideline
9/28/2026

NFRS Conversion Roadmap: Bridging Local GAAP to International Reporting Standards

नेपाल वित्तीय प्रतिवेदन मान (NFRS) कार्यान्वयनको मार्गचित्र

A strategic roadmap for Nepalese corporations transitioning from NAS to NFRS, covering opening balance sheet adjustments, lease capitalization (NFRS 16), and fair valuation.

#NFRS#IFRS#NFRS 1#NFRS 16#NAS for SMEs#Accounting Standards
Sima & Associates Technical Cell
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ICAN Directive
9/5/2026

Understanding ICAN UDIN: Verification Guide for Bankers and Corporate Stakeholders

आईक्यान युडिन (UDIN) प्रमाणीकरण: बैंक तथा सरोकारवालाहरूका लागि निर्देशिका

Detailed analysis of the 18-digit Unique Document Identification Number mandatory for all audit reports, review engagements, and tax certificates signed by ICAN practicing members.

#UDIN#ICAN#Audit Verification#Banking Compliance#NSA
Sima & Associates Technical Cell
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Tax Circular
8/15/2026

Nepal Withholding Tax (TDS) Handbook: Practical Guide under Income Tax Act 2058

नेपालको स्रोतमा कर कट्टी (TDS) मार्गदर्शन: आयकर ऐन २०५८ अनुसार

A comprehensive practitioner's guide to deducting, depositing, and reconciling withholding taxes under Sections 87, 88, 88Ka, and 89 of Nepal Income Tax Act 2058.

#TDS Rates#Section 88#Section 89#Withholding Tax#ETDS
Sima & Associates Technical Cell
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Budget Brief
7/20/2026

National Budget & Finance Act 2081: Key Directives for Corporate & Individual Taxpayers

आर्थिक ऐन २०८१: कर्पोरेट तथा व्यक्तिगत करदाताका लागि प्रमुख व्यवस्थाहरू

A technical brief analyzing the major income tax rate revisions, VAT schedule modifications, Social Security exemptions, and advance tax mandates introduced by the Finance Act 2081.

#Finance Act 2081#Corporate Tax#Income Tax Slabs#VAT Schedules
Sima & Associates Technical Cell
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