Kathmandu, May 31 -- The government, through the budget for the upcoming fiscal year 2026-27, has introduced crucial provisions directly impacting the capital market. Most notable is the move applying the Capital Gains Tax (CGT) on listed securities as a final tax, a reform long awaited by the trading community.

Presenting the fiscal blueprint in a joint session of Parliament on Friday, Finance Minister Swarnim Wagle announced the provision that individual investors will no longer be subjected to additional personal tax liabilities or higher tax bracket adjustments on these market profits.

However, despite granting tax finality to natural persons, the accompanying Finance Bill, 2026, revealed that this policy clarity comes at a higher c...