Kathmandu. Chairman of the Securities Board of Nepal (SEBON) Uttam Kumar Khatri said that the provision of capital gains tax will be final.
Chairman Khatri made the commitment on the occasion of the 34th anniversary of the Securities Board of Nepal (SEBON). “Fiscal year 2083. “We expect the market to be more dynamic with the provision of capital gains tax on the sale of shares of listed companies in the budget statement of ’84 BS,” Khatri said.
According to Khatri, the regulatory capacity and institutional strengthening, adoption of technology, protection of investors’ rights and good governance are the priority of the SEBON. Likewise, priority has been given to reform the necessary structural and legal basis to make the public issue fair and transparent, to operate the SME platform, commodity exchange market and its infrastructures, to improve the structural reforms of market operators, to enhance the professionalism of market participants, and also to increase the market education and awareness programs.
Khatri also pledged to gradually implement the suggestions given by the commissions and task forces formed at different times for capital market development and reform.
