Kathmandu. The government has collected rs 69.25 billion more revenue from the stock market in March.
According to data obtained from the CDSC, the government collected Rs 693.5 million in capital gains tax from the stock market in March. In this collected revenue, the share of capital gains tax paid by short-term investors is high. Short-term investors have paid capital gains tax of Rs 411.15 million in March.
Similarly, long-term investors are among the second highest capital gains tax payers. Long-term investors have paid Rs 216.73 million in capital gains tax in March.
According to the regulatory provision, short-term investors have to pay 7.5 percent profit and long-term investors will have to pay 5 percent capital gains tax in the stock market.
Similarly, institutional investors paid Rs 70.94 million and stock dealers Rs 801,000 in capital gains tax in March.
