Every community and region of Nepal abounds with rich oral traditions that include folktales, local myths, stories, riddles and legends associated with the local/indigenous people, history, landforms, places, and flora and fauna. These oral traditions, as they hold the essence of our unique culture and traditions, have greatly been a source of moral value and entertainment in our rural societies. However, unless we take steps today, these invaluable oral traditions are disappearing soon due to the sweeping forces of globalization and commercial entertainment that have already reached even remote corners. Keeping such a situation in mind, the authors have endeavoured to collect myths and folktales from eastern, central and western regions of Nepal. Focusing on varied themes, they have included 49 myths and tales in this collection.