Kathmandu. Current fiscal year 2083. 84 starts today, Friday. With the beginning of the new fiscal year, the capital gains tax on shares and real estate transactions has been increased from today.
Now, 10 percent and 7.5 percent capital gains tax will be levied on share trading. Earlier, the capital gains tax was 7.5 percent and 5 percent. Now, those who buy and sell shares for a year will have to pay 7.5 percent capital gains tax and 10 percent if you buy and sell shares within a year.
The government has increased the capital gains tax on share trading by 2.5 percentage points. It has been announced in the budget that this will be the last.
Similarly, the government has made a provision to pay 7.5 percent capital gains tax from the profit earned from the sale of property owned by the house for five years or more. Last fiscal year 2082. In ’83, the capital gains tax was 5 percent.
The budget has increased the capital gains tax to 10 percent on real estate transactions owned by less than five years. Previously, it was 7.5 percent.
Similarly, according to the Finance Act, the biggest change in the tax rate is in the personal income tax. The income tax slab and rate of natural persons have also been changed from today.
Now, income between Rs 1 million and Rs 15 lakh will be taxed at 10 per cent, Rs 15 lakh to Rs 25 lakh will be taxed at 20 per cent, income between Rs 25 lakh and Rs 40 lakh will be taxed at 27 per cent, and income above Rs 4 million will be taxed at 29 per cent.
FY 2082. In ’83, the rate is up to 39 per cent, while even the 1 per cent slab was only Rs 5 lakh.
