Kathmandu. While the stock market is reaching a new record high, the government has also maintained a record in profit tax. The capital gains tax received by the government from the stock market has been high since the daily turnover of 20 to 30 billion has started.

According to CDS and Clearing, the government has collected more than 4.237 billion rupees in capital gains tax from capital market investors in July of the current financial year 2081/82. Whereas last year, the government collected only about the same amount of capital gains tax.

In the last fiscal year 2080/81, the government collected capital gains tax of 5.5 billion 77 lakh rupees from capital market investors. In July, as the Nepal Stock Exchange (NEPSE) index started setting new records in transaction amount one after the other, the capital gains tax also increased. Lately, the NEPSE index has reached 3000 points and the turnover is around 30 billion rupees.