Kathmandu. Himalayan Life Insurance for the fiscal year 2019/20. It has been requested to deposit the amount of tax levied on 14 percent bonus shares distributed from the profit of Rs 80.
The company’s 17th annual general meeting held on February 17 last year had approved the bonus shares. According to the company, the bonus shares have been listed and registered with NEPSE and CDSC and arrangements have been made to trade in an unphysical manner.
As approved by the AGM, the shareholders who have been retained till February 15, 2018 will get the bonus shares and the amount of tax levied on the bonus shares will have to be paid by the shareholders themselves. According to the company, the shareholders who have been formed before The Prime Life, Gurans Life and Union Life merger committee will not have to pay tax on bonus shares and in the case of shareholders who have purchased shares after that date, the bonus shares will be deposited in the beneficiary account only after depositing the amount as tax.
According to the company, the tax amount on bonus shares can be deposited in the bank account number 087001006109000000 in the name of Himalayan Life Insurance at Shine Resunga Development, Kamaladi, Kathmandu. The company has requested to deposit the amount through deposit voucher or connect IPS and send it to the company’s e-mail [email protected].
