Govt Issues Clarification on CGT after Agreement with Investors

Jun 04, 2023 12:04 PM Merolagani

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.

 

comments powered by Disqus

NIC Asia Bank’s Net Profit Declines by 52.31%

Apr 19, 2024 07:20 AM

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.

Gold Price Breaks Previous Record

Apr 19, 2024 11:12 AM