An Annual Income Certificate is a document that verifies the sources of income of an applicant’s sponsor. It is issued by the Village Development Committee (VDC) or municipality and provides information about the sponsor’s sources of income, such as land lease, house rent, pension, salary, etc. The certificate is issued and verified by an municipality ward officer and serves as proof of the sponsor’s financial stability.
This certificate is often required for various purposes, such as obtaining visas or sponsorships. The Income Source Certificate serves as an important document that helps to ensure that the individual being sponsored has a reliable source of financial support.
Following list of income source are valid for making Annual Income Certificate:
- Salary
Documents: Salary Certificate, Salary Statement/Voucher
- Business
Documents: Business Registration Certificate, PAN Certificate, Audit Report
- House Rent
Documents: House Rent Agreement
- Land Lease
Documents: Land Lease Agreement
- Pension
Documents: Pension Book, Bank Statement
- Agriculture
Documents: Agricultural Income Verification Certificate issued by Municipality
- Vehicle Lease
Documents: Blue Book, Vehicle Lease Agreement
For the Certificate, following are the list of family members who are eligible for the sponsorship:
- Parents (Father and Mother)
- Grandparents (Grandfather and Grandmother)
- Siblings (Brother and Sister)
- Relatives (Uncle and Aunty)
Note: Incase of sponsoring from sister, she must be unmarried.
Following is the sample of Annual Income Certificate in Document Format. (Edit the sample as per requirements.)
Format for Annual Income Certificate
Ref.No.: Date:
Subject: Annual Income Certificate
TO WHOM IT MAY CONCERN
This is to certify that Mr. father’s name and Mrs. mother’s name, father and mother of Mr./Ms. applicant name are permanent resident of name of municipality, ward no…. , city, Nepal (Previously your old municipality name). The members of family have following income sources. The valuation of income has been carried out according to the true evidences and the current prevailing rates. The information given is true to best of my knowledge.
Amount in words:
Today’s Exchange Rate: AUD $…… (According to Nepal Rastra Bank)
