Discussions between investors and authorities reaches unison: average price to be taken as base price
Wed, Jul 24, 2019 5:12 PM on External Media, Latest, Stock Market,
The issue regarding calculation of capital gain tax has been resolved in the discussion with Securities Exchange Board of Nepal (SEBON).
The discussions concluded that the average price of trade between Shrawan 30, 2064 and Asadh 31, 2076 will be taken as the base price for the purpose of calculating the tax amount. The participating groups decided to propose the same to higher authorities.
The participating members included five investors groups and representatives from Nepal Stock Exchange, CDS and Clearing Limited and Securities Exchange Board of Nepal.
