Law, Forms & Tools
Nepal Compliance Glossary — English and Nepali Terms
Use this glossary to identify common terms before opening the detailed guide. The Nepali term is paired with the English label. The short meaning helps navigation; it does not replace the exact statutory definition or decide a transaction.
1. Common terms
| English | नेपाली | Meaning |
|---|---|---|
| PAN | स्थायी लेखा नम्बर | Taxpayer identifier used to connect registration, returns, payments and records. |
| VAT | मूल्य अभिवृद्धि कर | A tax on supplies under the VAT law; supply status, registration and credit rules require separate analysis. |
| Input VAT | खरिदमा तिरेको मूल्य अभिवृद्धि कर | VAT on purchases or imports, deductible only when the legal credit conditions are met. |
| Output VAT | बिक्रीमा उठेको मूल्य अभिवृद्धि कर | VAT arising on taxable sales before allowable input credit and other adjustments. |
| TDS / withholding | स्रोतमा कर कट्टी | Tax deducted or collected on a specified payment under the applicable provision. |
| Final withholding | अन्तिम कर कट्टी | Withholding treated as final for the exact statutory receipt category, not automatically for every income of the recipient. |
| Tax credit | कर मिलान रकम | An amount applied against tax liability when the relevant credit conditions are satisfied. |
| Deduction | कट्टी | An amount allowed in computing income or another base under its applicable rule. |
| Taxable income | करयोग्य आय | Income computed under the relevant tax rules after applicable inclusions, deductions and adjustments. |
| Assessment | कर निर्धारण | The statutory determination of tax; its nature and effect depend on the applicable provision. |
| Tax clearance | कर चुक्ता प्रमाणपत्र | An authority certificate for the relevant request and record position; distinct from a general future tax guarantee. |
| Income year | आय वर्ष | The tax period to which the income computation belongs. |
| Fiscal year | आर्थिक वर्ष | The defined annual financial or statutory period; it is not a single date. |
| BS / AD | वि.सं. / ई.सं. | Calendar labels; retain the original system and validate exact-date conversion. |
| Tax invoice | कर बीजक | An invoice meeting the applicable tax-law requirements. |
| Credit note | क्रेडिट नोट | A document adjusting an earlier transaction under the relevant conditions. |
| Debit note | डेबिट नोट | A document recording an additional adjustment to an earlier transaction. |
| Exempt supply | कर छुट भएको आपूर्ति | A supply within the applicable exempt-law category; distinct from a zero-rated taxable supply. |
| Zero-rated supply | शून्य दरको आपूर्ति | A taxable supply charged at zero under the governing conditions. |
| OCR | कम्पनी रजिस्ट्रारको कार्यालय | The company-registration and administration authority. |
| CAMIS | कम्पनी प्रशासन व्यवस्थापन सूचना प्रणाली | The official company-administration service system; its submission is distinct from approval. |
| MOA | प्रबन्धपत्र | The company’s constitutional document establishing matters such as objects and capital. |
| AOA | नियमावली | The company’s constitutional rules for internal administration. |
| Resolution | निर्णय | A formally authorised decision of the appropriate body under its governing requirements. |
| Beneficial owner | वास्तविक धनी | The person identified under the applicable beneficial-ownership test; do not substitute a name appearing in one register for the full test. |
| SSF | सामाजिक सुरक्षा कोष | The Social Security Fund; choose the applicable participant scheme before applying its rules. |
| Basic remuneration | आधारभूत पारिश्रमिक | The remuneration component used by the relevant employment or contribution rule; distinct from every gross cash receipt. |
| Gross pay | कुल पारिश्रमिक | The earnings before employee deductions in the payroll working. |
| Net pay | खुद भुक्तानी | The amount payable after the recognised employee deductions in the working. |
| NFRS | नेपाल वित्तीय प्रतिवेदन मानक | Nepal financial reporting standards; applicability and edition must match the entity and reporting period. |
| NAS | नेपाल लेखामान | Nepal accounting standards; the applicable framework must be established. |
| Audit | लेखापरीक्षण | An assurance engagement governed by the applicable auditing and professional requirements. |
| Review engagement | समीक्षा सेवा | A distinct professional engagement; its work and assurance differ from an audit. |
| Compilation | वित्तीय विवरण सङ्कलन सेवा | A preparation-related engagement distinct from assurance. |
| AUP | सहमत प्रक्रियाको सेवा | Agreed-upon procedures with findings for the specified work; distinct from an audit opinion. |
| PE | स्थायी संस्थापन | A presence within the applicable domestic-law or treaty test; facts and the governing instrument matter. |
| DTAA | दोहोरो कर निवारण सम्झौता | A tax treaty whose status, period and conditions must be established before relief is claimed. |
| Transfer pricing | हस्तान्तरण मूल्य | Pricing analysis for the relevant related-party or controlled transaction under the applicable rules. |
| KYC / CDD | ग्राहक पहिचान तथा यथोचित जाँच | Customer checks required for the applicable reporting role and sector, not a universal identical checklist. |
| STR / SAR | शङ्कास्पद कारोबार वा गतिविधि प्रतिवेदन | Confidential reporting under the applicable suspicious-transaction or activity requirements. |
| TTR | सीमामा आधारित कारोबार प्रतिवेदन | Reporting based on the relevant threshold rule; distinct from suspicion-based reporting. |
| goAML | गोएएमएल | The FIU reporting system used for relevant submissions. |
| Reconciliation | हिसाब मिलान | A documented comparison explaining the differences between two related records. |
| Source check | स्रोत जाँच | An inspection whose record should identify whether it checked a link, document, version or particular claim. |
| Professional review | पेशागत समीक्षा | A review by an identified professional of the stated content, version and scope. |
2. Use the definition in the actual source
Where a legal provision defines a term, use that definition and its scope. The same everyday word can have different meanings in company, labour, income-tax, VAT, accounting and treaty contexts. Record the actual definition used in the working.
Check the linked article’s period, conditions and review status before relying on its treatment. A glossary label does not establish an exemption, rate, entitlement or filing permission.
Before using this guide
Source review: 12 October 2026
The sources support the scope of this general guide. Before applying it, check the actual entity, transaction, reporting period and any later amendment.
Checks for your case
- Apply the cited provisions to the actual entity, transaction and period. Use the relevant authority’s current forms, instructions and accepted decision for a real filing.
Latest update
- 13 October 2026
Editor: C.M. & Associates
Reviewed the resource directory, its article mapping and source-period guidance. Clarified source labels and public wording where needed. Earlier source-check dates and any stated limitations remain applicable.