June 4: The Ministry of Finance has made it clear that no change has been made by the Finance Bill, 2080 BS regarding the capital gains tax meant for share market investors.
A delegation of stock market investors visited the Finance Ministry on Sunday with their concerns over what they believed to be the imposition of an additional tax on the capital gains tax.
During the meeting, the ministry officials said the tax rate remained unchanged from the existing rates. The ministry further issued a public notice to clarify the matter. The notice says 5 percent or the 5.5 percent capital gains tax conditioned by the bill in the stock market is the final tax rates. -- RSS