Nepal, April 25 -- The government collected capital gains tax (CGT) from share transactions worth Rs 8.17 billion in nine months of the current fiscal year (FY), which was a 36.44 percent decline compared to the amount collected in the same period last FY.
According to CDS and Clearing Limited, the government collected CGT of Rs 12.86 billion as of the third quarter of FY 2024/25. In the review period, the contribution of the CGT in the state treasury declined by Rs 4.68 billion.
Last month alone, the government collected Rs 1.73 billion under the heading. The amount was almost three-folds of the CGT of Rs 551.58 million collected in the previous month.
The government collects CGT of 7.5 percent on profits earned by short-term inves...