Rauniyar Proposes 15-Point Reform Agenda to Modernize Nepal’s Capital Market
Summary
Chhotelal Rauniyar has submitted a 15-point reform agenda to SEBON, calling for lower capital gains tax, freer trading rules, and modern market infrastructure. He also wants stronger oversight, new instruments like futures and ETFs, and easier participation for NRNs and foreign investors.
Key Points
- Chhotelal Rauniyar submitted 15 reform proposals to SEBON Chairman Dr. Gopal Prasad Bhatt to modernize Nepal’s capital market.
- His recommendations include lower capital gains tax, removal of trading restrictions, abolition of double commission, and easier dividend taxation rules.
- He urged the introduction of futures, options, intraday trading, short selling, ETFs, and a more secure online trading system.
- Rauniyar also called for stronger SEBON and NEPSE oversight, cross-border trading access, and better investor protection against cybercrime and manipulation.