Kathmandu. The government has increased the capital gains tax levied in the share market.
Finance Minister Dr Swarnim Wagle has increased the gains tax by allocating the budget for the coming fiscal year.
The short-term and long-term gains tax on the stock market has increased.
The profit tax on short-term transactions, which was earlier 5 percent, has now increased to 7.5 percent.
Similarly, the profit tax on long-term transactions has now increased from 7.5 percent to 10 percent.
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