The Kathmandu Metropolitan City (KMC) has started the facility for paying taxes from their bank accounts through connectIPS. It means, now you can pay your taxes to the metropolitan city through digital payment systems. For this facility, Kathmandu Metropolitan City has partnered with connectIPS through Nabil Bank.
Along with this facility, the taxpayer will be able to pay the property tax, land tax, business tax, restoration tax, etc. And all these payments can be made in the comfort of staying at home. As a result, this facility will relieve the taxpayers as they will no longer have to go to the office and wait in line for a long time.
This facility would ease the taxpayers who needed to stay in line for hours to pay their regular taxes and charges. All the households, small businesses, and corporates can now pay their taxes to the local government online. Moreover, this would reduce the time required to submit the necessary documents and wait for approval. With digital payment systems like connectIPS, one can make payments and settlements in real-time. Moreover, it is most effective when you are nearer to the deadline for paying taxes.
Just assume if you have to pay your renewal charges and taxes till the Poush end. In case you remembered just a day before, wouldn’t it be a hassle to visit the office on the last day? And what if you failed to pay it within the next day? You’ll have to pay extra late charges!
Hence, digital payments through platforms like connectIPS can help you save your time and effort. You can pay those bills staying at home or your office, without visiting the concerned department or governmental unit.
How to pay taxes from connectIPS to KMC?
Kathmandu Metropolitan City has embraced digital payment systems through connectIPS. From now on, you can make online payments to KMC or other wards associated with it through connectIPS.
The taxpayers have to go to the respective ward office and submit their mobile number and email address once. After submitting the details, they will be able to pay the tax from their bank account. Through this, they can pay the amount directly through their bank account.
For the initial phase, Nabil Bank’s customers can enjoy this feature in connectIPS
KMC has partnered with Nabil Bank for facilitating this service in connectIPS. Nabil Bank’s customers can avail for making payments to KMC through connectIPS. We hope KMC would add other banks to the list as well to make tax payments easier. Both individuals and companies can pay for taxes to KMC through connectIPS.
connectIPS is an integrated online payment platform by Nepal Clearing House Limited (NCHL). It allows the users to make payments directly from the linked bank accounts. In addition, it supports real-time payment and settlement which shortens the time for the verification of payments. Also, with most of the banks linked in the system, it is easier and widely accepted in Nepal. The transactions are interoperable as many payment options are available in the system. And one can pay simply by linking any of their bank accounts.
You can pay to 15 government offices and institutions through connectIPS at present. The payment options for government offices and departments include:
- Consular Service
- Traffic Police
- CIT Payment
- Employees Provident Fund
- Office of Company Registrar (CRO)
- Nepal Oil
- Social Security Fund (SSF)
- Department of Foreiggn Employment (DOFE)
- Nepal Electricity Authority (NEA)
- Citizen Aviation Authority (CAA) Nepal
- Financial Comptroller General Office (FCGO)
- Inland Revenue Department (IRD)
- Nepal Tourism Board (NTB)
And one can also make payments to share brokers, travel agency payments, school/college, insurance payments, etc. through this system. Now, there is an additional option for making payments to Kathmandu Metropolitan City.