Explain the objectives and legal provisions as to assessment, payment and recovery of wealth tax, house and land tax, and house rent tax.

Levy What it taxes The stock/ flow test Nepal's legal home Wealth tax The STOCK of wealth (net assets), not its flow Stock No broad net-wealth tax operates today; Nepal's practice has been property-focused taxation (the house-and-land family) rather than a classic aggregate wealth tax House and land tax The holding of house and land (property) Stock The old central statute (the House and Land Tax Act, 2023 B.S. — among Nepal's oldest tax laws); now effectively the LOCAL level's levy under the LGOA 2074 and municipal laws (the "integrated property tax") House rent tax The FLOW — rent income from property Flow Historically a separate house-rent levy; now rent is taxed as INCOME under the Income Tax Act 2058 — the investment head (Unit 4.5) The stock/flow distinction is the unit's spine: wealth and house-and-land taxes hold the property owner accountable annually for HOLDING; house rent tax (as income) reaches the EARNING from the property. The syllabus's three names thus span both faces of property taxation.