Capital Gains Tax on Share Trading Profits Increased from Today

Kathmandu. The capital gains tax levied on profits from share trading has increased from today. The tax on such gains is set to increase from today as per the Economic Act of Fiscal Year 2083/84. Now, if a person sells shares within one year of purchasing them and makes a profit, a 10 percent tax will be levied on such gains. Similarly, a 7.5 percent capital gains tax will be levied on profits made after selling shares more than one year after purchase. This was 7.5 percent and 5 percent respectively in the last fiscal year.