The Nepal Insurance Regulatory Authority issued an instruction to all licensed insurers and insurance intermediaries to discontinue the practice of affixing postal stamps in the form of revenue stamps on official documents that require revenue stamps from service recipients. The directive applies to life and non-life insurance companies, reinsurance and microinsurance companies, brokers, and surveyors or intermediaries. It is framed as an implementation measure aligned with the Government of Nepal Council of Ministers decision dated 2082/06/29 on enforcing prevailing legal provisions.
Nepal Insurance Regulatory Authority 2026-02-08
Nepal Insurance Regulatory Authority instructs insurers and intermediaries to stop using postal stamps as revenue stamps on official documents
The Nepal Insurance Regulatory Authority has instructed all licensed insurers and intermediaries to stop using postal stamps as revenue stamps on official documents. This directive applies to life, non-life, reinsurance, and microinsurance companies, as well as brokers and surveyors, aligning with a recent decision by the Government of Nepal Council of Ministers.