No rise in capital gains tax in stock market: Finance Ministry

The Ministry of Finance has made it clear that no change was made by the Finance Bill, 2080 BS regarding the capital gains tax meant for share market investors.

A delegation of stock market investors visited the Finance Ministry today with their concerns over what they said imposition of an additional tax on the capital gains tax.

During the meeting, the Ministry officials said the tax rate remained unchanged from the existing rates. The Ministry further issued a public notice to clarify the matter. As it said 5 per cent or the 5.5 per cent capital gains tax conditioned by the Bill in the stock market is the final tax rate. (