Kathmandu. The government has collected Rs 9.11 billion in capital gains tax from the share market in the first 10 months of the current fiscal year.

The government has collected Rs 93,61,68,945 as profit tax in the month of March.

The profit tax has decreased significantly in April compared to the month of March. According to the CDSC, Rs 1.73 billion was collected in the month of March.

According to the CDSC, the state collected Rs 18,54,39,499, Rs 70,76,93,084, Rs 4,27,17,062, stock dealer Rs 3,19,299 and corporate Rs 4,30,36,362.

Looking at the profit tax data collected, short-term investors are more dominant than long-term investors in the market.

Share investors pay capital gains tax to the state for personal and institutional transactions. Investors will have to pay 5 percent profit tax for more than one year, 7 percent for less than one year and 10 percent for institutional investors.