KATHMANDU, Aug 18: The government’s earning from Capital Gains Tax (CGT) dropped to a mere Rs 624.90 million in the first month of the current Fiscal Year (FY), accounting for almost one-fourth of the amount generated in the same period of the last FY.
According to the CDS and Clearing, the revenue collection under the heading stood at Rs 2.15 billion in the corresponding period of FY 2025/26. Stockbrokers said that the decline in share transactions due to low confidence of investors was the main reason behind the low revenue collection from capital gains.
Govt’s CGT collection drops by half to Rs 6.44 billion in eight...
Amid slowdown in the country’s stock exchange market, the government has increased the CGT on share transactions to 7.5 percent and 10 percent, from 5 percent and 7.5 percent, for short and long term investors respectively.
