Stories Tagged 'Capital gains tax'
The tax authority has determined capital gains tax of Rs87 billion to be recovered from the two separate deals related to buyout of Ncell—a prominent telecom company—three years ago, Nepal’s tax authority said on Sunday.
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The Supreme Court on Wednesday issued a mandamus order directing the government to recover the due capital gains tax from Ncell and Axiata.
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Stock traders on Tuesday continued their protest and halted all transactions on the floor of the Nepal Stock Exchange (Nepse) in protest against the government’s decision to revise the capital gains tax threshold on the sale of bonus and rights shares.
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Stock traders on the floor of the Nepal Stock Exchange (Nepse) halted transactions for half an hour in protest against the government’s decision to revise the capital gains tax threshold on the sale of bonus and rights shares.
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The Commission for Investigation of Abuse of Authority has halted its probe into the decision of the Nepal Rastra Bank to let Ncell, a private telecom operator, to repatriate its dividend.
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The Public Accounts Committee of Legislature Parliament on Thursday directed the Ministry of Finance to immediately recover the due capital gains tax from private sector telecommunications service provider Ncell.
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