Tax on Selling Gold in Nepal
Nepal taxes gains on land, buildings and shares or securities, not on physical gold. An individual who sells personal gold or jewellery at a gain pays no income tax on it; the tax costs fall on buying, through customs duty and fees.
Facts checked 30 October 2026 · Not financial, legal or tax advice
At a glance
| What you sell | How the gain is taxed | Notes |
|---|---|---|
| Gold bars, coins and jewellery you own personally | Not taxed. | Gold isn't a "non-business taxable asset" under the Income Tax Act. |
| Gold bought and sold as a trade | Business income at normal rates. | |
| Silver | Same as gold. |
How gold gains are taxed
- The Income Tax Act 2058 taxes an individual's investment gains on non-business taxable assets, defined as land, buildings and an interest or security in an entity. Gold, silver and jewellery aren't included.
- The Act's definition of investment also excludes property held for the owner's personal use, so personal jewellery isn't an investment for tax purposes.
- Dealing in gold as a business is taxed as business income.
- Buying costs (2025-2026): the 2025/26 budget applied a 2% luxury tax to all gold and jewellery purchases; the 2026/27 budget (May 2026) dropped it, doubled customs duty on gold imports to 20%, and from mid-July 2026 buyers of gold and silver jewellery pay a 0.5% fee, according to news reports.
Reporting
- Nothing to report for a private sale of personal gold.
- Keep purchase bills in case you need to show where sale money came from.
Losses
- A loss on personal gold gets no tax relief.
Tax on Selling Gold in Nepal: FAQ
Is there tax on selling gold in Nepal?
Not for an individual selling their own gold or jewellery. Nepal's capital gains rules cover land, buildings and shares or securities, not gold. Gold traded as a business is taxed as business income.
Is there a luxury tax on gold in Nepal?
A 2% luxury tax applied to gold and jewellery purchases in 2025/26. News reports say the 2026/27 budget removed it, raised customs duty on gold imports to 20% and added a 0.5% fee on jewellery purchases.
Sources (4)
General information about the rules for individual investors, checked October 2026. Tax depends on your circumstances and residence; check with the tax authority or an adviser. Not tax advice.