Tue, Apr 23, 2024
Following an agreement between the government and investors regarding capital gain tax, the government has issued a clarification regarding CGT.
As per the agreement, the 7.5 percent and 5 percent tax payable by the investors in capital gain is the final tax for the transaction.
After the agreement, investors have agreed to open the market.
NIC Asia Bank (NICA) has published its third quarter report of the current FY. As per the report, the bank’s net profit has declined during the period.