How to Get an Annual income verification in Nepal From Your Ward Office : step - by- step

Annual income verification refers to the total earnings of an individual with a years. In this articale, we will discuss the process of verifying the annual income of a family member.

The Main bases For Annual income verification and required documents:

1.Salary: Salary must be verified by the employ in company or office.

2.Income from Foreign Employment: With the proven by bank statements, remittance

receipts or employment contracts.

3.Business income: Income From registered businesses, verified by the tax

clearance documents, or official audit reports.

4.Agricultural Income: To verify agricultural income must be required the

Lalpurja of this farming or livestock. Malpot tax receipts also attach. For

leased land, the lease agreement and land lease tax receipt is required.

5.Rental income from fixed assets: Revenue generated From leasing from

 houses, land and shutters, verified through rent agreements and house tax

receipts.

6.Bank Balance and interest income: Interest Rate proved by Bank.

Other documents:

7.Applicants must clear all local taxes before applying for income verification.

8.If family member's income if included, the citizenship certificates and a

formal relationship verification document must be provided.

9.The PAN associated with the specific source of income is required.

If The documents is unclear, the Ward office may conduct additional inquiries

like, proving the sale of agricultural produce or local inquiry.

Why annual income verification required?

·  Higher education and visa processing

·  Bank loans and financial services

· Scholarship applications

· Government subsidies and grants

· Legal and Insurance Claims.

Where to go?

- The primary office for this service is your Ward office. The Ward office that

mentioned in your citizenship.

- If you have officially migration to a new location, visit the Ward office of

your current residence. (Migration certificate is mandatory)

The Application latter ( The template for the application is provided in the

word file below) must be submitted to the ward office staff along with these

documents.

·   The ward office can  ensure accuracy, The office can Verify the previous

individual record.

·   The office may also conduct field inquiry ( sthalgat Muchulka) to verify the

status.  

·   In some Case, family members may be required to visit the office for official

Verification (sanakhat) to confirm that the information is true.

How Long does it take?

Generally, you can get an annual income verification on the same day. within 1 to 3 hours

if yours documents are ready.

If the ward office decide to conduct a field inquiry (Muchulka) or if the

authorize officials are out of the office, it may take 1 to 2 working day.

Fee: The Fee is determined according to the financial act of the local Government.

however, Generally, a tax of 0.01% is applicable on the total certified annual

income.

·     How long is the annual income verification valid?

Generally The annual income verification is valid for  3 to 6 months from the date

of issue.

Note: For international use the annual income verification must be attested by the

Department of consular services, Ministry of Foreign affairs in Kathmandu. It

is located in Tripureshwar, Kathmandu.

This certificate is issued as the under of Local Government operation act,2074.

You can submit this type of application to the ward office for income verification.

 Date:..........

To,

The

ward Chairperson,

Ward

No. ....... office.

...............................

Subject:

Request to Annual Income Verification.

 I,......... (Full Name), son/daughter of Mr............ and Mrs.  ................ resident of .......................... hereby

request to kindly issue an Annual Income Verification as i have not been until now.

 Applicant

Name:.....

Address: .....

Contact No: ......

Signature: .......

Attached

Documents:

1.

2.

You can download the application format in Nepali from here.