Taxation, as a crucial activity, is mainly concerned with identification of tax payers, compliance with laws, collection of evidences, verifying the income, authenticating the tax accounting process, and so on. Sound knowledge and skills in taxation system is possible when the staff are acquainted with various aspects of taxation, such as taxation acts, rules, regulations and norms and their application by various incumbents. In other words, an officer without proper knowledge of taxation may face substantial problems and challenges, and consequently, will be incapable of managing the corporate tax liability. Besides, the overall information and knowledge of financial status of an organization provides a clear-cut picture to the relevant stakeholders, assisting them in taking an appropriate strategy for administering the organization. Therefore, NBI announces the program on 'Nepalese Taxation System', understanding that there is a dire need to provide a fundamental knowledge concerning various aspects of taxation and their application.
