The government has approved new capital gains tax rates on securities listed with SEBON, with the tax rate now linked to the holding period.
Gold prices fell by Rs. 2,300 per tola in the domestic market today, while silver declined by Rs. 60 per tola.
The Inland Revenue Department is set to announce 33 winners under the government’s new Taxpayer Incentive Prize Program for Bhadra today.
Siddhartha Bank Limited has proposed a 20% dividend, comprising 10% bonus shares and 10% cash dividend, for the fiscal year 2082/83.
The Government of Nepal has implemented the second amendment to the Interest Subsidy Procedure for Concessional Loans, 2082, expanding eligible loan categories, revising lending limits, and introducing targeted financial support for families of Gen-Z movement martyrs and injured individuals.
The Stock Brokers’ Association of Nepal has welcomed the government’s Capital Market Strengthening and Revival Action Plan, 2083, calling it an important policy initiative for structural reforms, investor protection, and the long-term development of Nepal’s capital market.
The government has unveiled a 21-point Capital Market Strengthening and Revival Action Plan 2083, targeting higher liquidity, institutional investment, tax reforms and new trading instruments to revive the sluggish stock market.
The government has proposed reducing the minimum holding period for banks and financial institutions’ secondary-market share investments to 45 days, down from the current six-month requirement.
India has approved the supply of up to 654 MW of electricity to Nepal for 18 hours a day until December 31, providing backup support as flood-damaged hydropower projects could increase Nepal’s winter power demand.
Domestic gold prices declined today, with fine gold falling Rs. 900 to Rs. 300,100 per tola, while silver dropped Rs. 20 to Rs. 4,600.
Snow Rivers Limited has proposed a 10% bonus share dividend along with a 0.5263% cash dividend for tax purposes from its FY 2082/83 profit.
Nepal Rastra Bank has directed banks and financial institutions to make Rs 100 notes available through ATMs, aiming to ease the rush for small-denomination notes during the upcoming Dashain and festive season.