Kathmandu. Share investor and Rastriya Swatantra Party (RSP) lawmaker Hari Dhakal said it was a rumor that brokers would charge 1 percent tax while trading in shares.
Dhakal made this clear through a post on his Facebook page today. “Lately, there has been a lot of debate about the 1 percent tax on share trading. However, it is important to understand one thing clearly: the broker does not charge 1 percent tax or fee when the investors trade in the secondary market through TMS/NEPSE. ’
Dhakal has written –
What everyone should know about the share transfer fee
There is no charge of 1 percent on the regular share trading through TMS/NEPSE.
The 1 percent fee is Rs. Shares worth Rs 25 lakh or more are applicable only for certain types of transactions that are directly transferred to the company.
Therefore, it is not correct to say that investors who do regular transactions through TMS have to pay an additional fee of 1 percent.
Regular Business
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As per the previous system, broker commission, SEBON fee, DP fee and capital gains tax are levied on the day-to-day transactions done through TMS. There is no new 1 percent fee added to it.
off-market trading
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This provision is applicable only to the name transfer done directly through CDSC as per the policy of SEBON or the Government of Nepal.
The current uproar in this regard has created unnecessary confusion and fear among investors. Let’s not run after rumour, let us draw conclusions only after understanding the truth and reality on the basis of official information.
Dhakal also advised investors to be patient and believe in the facts.
