What is Remittance (Videshi Mudra)?
विप्रेषण
Remittance is the money Nepali migrant workers abroad send home. It is the single largest source of foreign currency for Nepal, equal to roughly a quarter of GDP, and a lifeline for millions of households — mostly from the Gulf states, Malaysia, South Korea and beyond.
Inward personal remittance is not taxed as income in Nepal and underpins household consumption, education and the trade balance.
Major source countries include Qatar, Saudi Arabia, the UAE, Malaysia, South Korea and, increasingly, Australia, Japan, the US and UK.
Sources & data note
Definitions explain standard Nepali terms in everyday and official use. Land-unit conversions follow the standard Nepali measurement system; tax and contribution rates reflect current law (Income Tax Act 2058, VAT Act 2052, Social Security Act 2074) and are revised each fiscal year by the Finance Act — always confirm current-year figures with the relevant authority.