Workplace · Payroll & Compensation Business & MarketingIntermediate
Payroll, SSF & Salary Tax (TDS) in Nepal
Process a correct monthly payroll, from gross pay to SSF deposit and TDS return.
Taught by My Skill Lab Workplace Faculty · HR, Finance & Operations Practitioners
What you'll learn
- Break down a Nepali payslip into basic remuneration, allowances, statutory contributions and deductions.
- Calculate monthly SSF contributions and prepare the monthly deposit.
- Estimate annual taxable salary and project monthly TDS using the slabs in the current Finance Act.
- Deposit TDS and file the monthly return on time, and reconcile it with payroll.
- Run year-end payroll tasks for the fiscal year ending Ashadh and handle common payroll errors.
About this course
A hands-on course for payroll and accounts staff who run monthly salaries in Nepali organisations. You will learn how a payslip is built, how Social Security Fund contributions and salary TDS under the Income Tax Act 2058 are calculated and deposited, and how to close the payroll year cleanly at Ashadh end, without hard-coding numbers that change with every Finance Act.
Course content
5 lessons- 1Anatomy of a Nepali PayslipBasic pay, allowances, contributions, deductions and net pay explained.Preview
- 2Social Security Fund ContributionsEnrolment, the 11 plus 20 percent contribution, monthly deposits and records.
- 3Salary Tax: How TDS Is Worked OutAnnual taxable income, slabs from the Finance Act, social security tax and allowable deductions.
- 4Depositing TDS and Filing ReturnsMonthly deposit, e-TDS, reconciliations and penalties.
- 5Year-End and Payroll ControlsClosing the fiscal year at Ashadh end, festival allowance timing, and preventing errors and fraud.