KATHMANDU, Feb. 19 -- The government has collected capital gains tax (CGT) worth Rs 2.86 billion from the shares transactions in the first seven months of the current fiscal year.

According to the CDS and Clearing Limited, the government collected the aforementioned amount of revenue out of the transactions of stocks in Nepal Stock Exchange (NEPSE) during mid-July 2023 and mid-February 2024. With a collection of Rs 972 million, revenue under the heading was the largest last month.

The amount collected during mid-January and mid-February was 33.66 percent more than the amount (Rs 743.9 million) in the previous month. The records with the CDS and Clearing shows that the short-term investors contributed the highest amount to the capital ga...