Stories Tagged 'Stockbrokers'
Nepal Stock Exchange (Nepse) index increased marginally by 8.93 points to close at 1,366.15 points last week, boosted by small investors while large and institutional investors were unwilling to invest in the secondary market.
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The government has failed to implement value added tax (VAT) on stockbrokers commission as the Ministry of Finance (MoF) has yet to finalise the modality. The government’s plan was to charge VAT on stockbrokers commission from Sunday.
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Stockbrokers halted transactions in the secondary market on Thursday, protesting against the government’s move to bring stockbrokers into the value added tax (VAT) regime.
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