Capital Gains Tax Increased in Share Market from New Fiscal Year
Summary
From fiscal year 2083/84, Nepal has increased capital gains tax in the share market amid efforts to assure investors despite declining stock prices and spread of rumors.
Key Points
- Capital gains tax in Nepal's share market increased starting fiscal year 2083/84.
- Finance Minister Swarnim Wagle's secretariat reassures investors amid declining stock market and misinformation.
- Government claims economic indicators are improving and investment environment is favorable.
- Investors urged to avoid rumors and invest cautiously with official information sources.
