Kathmandu. The Nepal Capital Market Investors Association ( has submitted a 7- point policy recommendation to the Securities Board of Nepal (SEBON). The association has submitted this suggestion for the budget of the next fiscal year 2083/84.
The suggestion submitted by the Association to the Board has demanded that the capital gains tax be declared as the final tax.“This will boost the confidence of shareholders and simplify the tax administration,” the statement said.
The above suggestion includes making arrangements for easy entry for Non-Resident Nepalese, allowing companies to buy their own shares, and not limited to ‘secondary trading platform’, tax concessions for hydropower and export-oriented industries and for raising capital through capital market and {{} for listing {{TAG_CLOSE_ span_11} has been asked to be encouraged.
Similarly, the issue of expansion of institutional and foreign investment, review of the and policy stability of the microfinance sector has also been mentioned in the suggestion that the Association has submitted to {{}.
The suggestion has been submitted to the Acting Chairman of the Board.
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