BusinessThe Inland Revenue Department has introduced procedural guidelines to administer a 0.5 percent skill promotion levy on retail sales of gold and silver jewelry, implementing Section 14 of the Finance Act 2083. According to department information officer Keshav Raghubanshi, the rules mandate that jewellers collect the fee at the point of sale, record transactions on an accrual basis, and file returns alongside tax deposits by the 25th of every month. Late filings incur daily fines or a minimum penalty of Rs 1,000, while overdue deposits accrue 15 percent annual interest.