Mishra to FinMin: Why exclude rental income from tax relief?
Nepal, Aug. 20 -- Former Rastriya Prajatantra Party leader Rabindra Mishra has expressed dissatisfaction with Finance Minister Swarnim Wagle, questioning why rental income has not been included under the income tax exemption.
Although this year's budget states that income up to Rs 1 million will be exempt from tax, Mishra wrote on social media that he was told rental income was not eligible for the exemption when he went to pay tax on his rental income.
Mishra said many people like him rely solely on rental income and have no other source of income. He questioned why such people should be denied the tax exemption.
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