Forum

नेपाल ईन्भेष्टर्स फोरम सरकारले बढाएको पूँजीगत लाभकर फिर्तालाई लिएर आन्दोलन गर्ने मनस्थितिबाट पछि हटेको छ ।फोरमको आईतबार साँझ बसेको कार्यसमितिको बैठकपछि अध्यक्ष अम्बिकाप्रसाद पौडेलले जारी गरेको बक्तब्यमा सरकारको कर नीति बिरुद्ध लगानीकर्ताका तर्फबाट कुनै कदम चाल्ने कुरा उल्लेख छैन ।
What is the motive and intentions of these investor forums ?

live_deadrock ji,
If its is bonus, then our company would pay 5% on our behalf and sometimes take 5% from us before giving us bonus.

First of all we have to understand the principle of share value or market value or price of share or value of company .......... its like water.

Water flows from higher level vessel to lower level vessel until level of water is same in both vessel.

In share market or value of company or capitalization of company is WATER. Adding bonus or right share is adding vessel.


Now, In case of IPO- if you purchase @100 and if you sell @ 200. You pay CGT on 200-100=100Rs. CGT on 100 of 5%= 5Rs CGT.

In case of secondary, if you purchased @ 200 and sell @300 then, 300-200=100Rs of 5%= 5Rs CGT.

In case of bonus or right- Like I said on top, here principle of water applies that is why they use formula to determine base rate. In case of cash dividend NEPSE dont adjust price, but market does, price falls after book close.
In case of bonus or right, price is adjusted by NEPSE. If you add 20% bonus or right, price falls 20% (almost for right) cause just cause you add money/capital does not mean, value of company increase by 20%. Value of company determined by earning and future earning. So adding 20% capital means previous value of individual share will be shared with added 20% share. .

Base price 965. If you sell below that price (in case of bonus or right) you dont have to pay CGT. If you sell @ 1000 then= 1000-965=35Rs of 5%= CGT would be 1.75Rs (there are other cost reduced in the capital gain)

(Today, we would have to pay close to 50Rs as CGT even if your investment is in loss Plus there is 5% CGT on bonus already paid by our company).

In case of principle share which gave birth to bonus or right= If you had bought at 1000 and after price adjustment it falls to 960 and if you sell you dont have to pay CGT, even if you sell at 1000 you dont have to pay CGT.

If you are lucky and sell at more than 1000 then there is CGT to be paid.

As per new rule, go through previous posts.

@rising sun jee:
can u please do calculations as how CGT used to be calculated before? i mean CGT= Sales price- purchase price(Avg. base price). taking 965 as base price as shown in ur example...

There are some retard in social media, who does not understand about share/investment and current CGT principle?

(Morons, read previous posting first then read this post)

- Suppose, let's take Ncell for example. Owner is X.

Ncell invested 10 crore (capital) and present market value could be 100 arab. (They have 10 lakh shares).
Market value (100 arab) depends upon income and good will of brand.
Let's say, X sold Ncell to Y for 100 arab and pays capital gain on 9 arab and 90 crore.

Let's say Y pumps in investment to expand and adds 10 crore.

Now, Y's total investment in Ncell is 100 arab and 10 Crore.

Their market value will still be 100 arab unless their income grows.

Now, let's say, Y sells Ncell to Z at 100 arab.

Selling at 100 arab means Y in occurs 10 crore in loss.

As per, !$!$!#$ choro Ramesh raj gautam and biddwan Dr.Yuraj K based on latest rule of CGT, Y has to pay Tax on 50 arab. Since idiot Y doubled his capital.

Here, Y instead of making any profit or capital gain, has to pay tax on 50 arab where he actually spent capital of 10 core. When He sells his company/Ncell, he actually makes 10 crore loss but has to pay capital gain tax on 50 arab (-10crore).

If Y had not increased capital of 10 crore, Y need not had to pay CGT on 50 arab which he did not gain. But cause Y added 10 crore capital, he made 10 crore loss while selling so he had to pay CGT on his foolish decision of increasing capital in Sati ko sarap country like Nepal which is ran by commie Sh!t.


OUr retard politicians, bureaucrats so called expert who did not know that share investment and starting new business/buying old business is same thing. Again making same old mistake of misunderstanding the concept of investment.

Once dumb is always dumb.



I did say, so called biddwan dr.yuraj k is a bad economist.

Our finance ministry is ran by a person who does not understand economics. OUr share market is ran by someone who does not understand share market. OUr IRD is ran by someone who does not understand taxation.


Sati ko sarap


Dead commie is a good commie.

Calculation of average base price

New Average Base Price = (Previous Avg Base Price + Price after Bonus or Right Adjustment) divided by 2

Previous Avg Base Price is the paid-up value of share (i.e. Rs 10 or Rs 100) if the company has not provided any bonus or right ever.

For example,
If Arun Kabeli Power (which has never provided any bonus or right) is issuing 50% right share and tomorrow is the book closure, then keeping AKPL's today's LTP (Rs 288 ) :

Adjusted Price after 50% right = (Rs 288 + 50)/1.5 = Rs 225.33
New Average Base Price = Rs 100 (Previous Avg BP) + Rs 225.33 (Price after R adjustment) divided by 2 = Rs 162.67

Also, NEPSE did not release average base price of Mirmire Microfinance today. It only released the adjusted price after 1:1 right.

Capital Gain calculation: (using 5% CGT)

Bought before book close: 100shares@1200= 120000Rs
Bonus: 25%
Tax Paid: 125Rs
Adjusted price after book close: 960
Base price after book close: 965 (probably, I dont know how base price is calculated)
Total share after bonus: 125
Total value of share with bonus: 125*960= 120000Rs (zero capital gain)
If we sell @ 960, then we had paid CGT=125 Rs (We make no profit and still pay CGT 125Rs)
Tax we pay if new rules is applied: 25*860*.05=1075+125=1200Rs

We have to pay 1200Rs as tax without even making any capital gain. As per old rule, we have to pay tax even without making any capital gain= 125Rs. But as per new rule, we have to pay far more 1200Rs without even making any profit or capital gain.

I think we should not just demand reversal of new rule, we should demand ending of capital gain tax in Bonus and dividend too, since, just getting bonus or dividend wont guarantee profit/capital gain.

So how to solve latest problem created by Ramesh raj gautam?
-We need a TIME MACHINE.
Go back 70 year back, kill mothers of Oli, Yuraj K and Ramesh raj gautam. Killing their fathers wont be the perfect solution since we cant be sure who their real fathers are.

सरकार र शेयरबजार निमायक निकाएको लुटतन्त्र हो कि अबका दिनमा जस्तो पो लाग्यो ।सबै शेयर धनिहरुले यसको घोर विरोध गरोै,परि अाएको खण्डमा नेपाल स्टक एक्सचेन्ज लाई ताला लगाउन पनि तयार हुनुपर्छ ।अाउनुस सबै एकजुट भई यो लुटतन्त्रको खुलेर विरोध गरोै ।कार्यक्रम तय भएको भए जानकारी पाउं ।

माहालेखा परीक्षकको कार्यालयले सार्वजनिक गरेको प्रतिबेदनमा बोनस शेयरको लागत मुल्य शुन्य हुने र हाल कायम समायोजन मुल्य गणना बिधि बैज्ञानिक नभएको उल्लेख छ। - http://bizpati.com/punjibazar/17548

They don't even know the price of bonus share comes through companys profit after paying 30% tax(for BFI).

माहालेखा परीक्षकको कार्यालयले सार्वजनिक गरेको प्रतिबेदनमा बोनस शेयरको लागत मुल्य शुन्य हुने र हाल कायम समायोजन मुल्य गणना बिधि बैज्ञानिक नभएको उल्लेख छ। - http://bizpati.com/punjibazar/17548
Ghanta jasto Bidwan.
They dont know the price of bonus share comes through company profit after paying 30% tax(for BFI).Such a dumb people are doing MATH for the country.

Mr. Shere bahadur must be very happy. He wants to be PM again and this dumb government is working for him and turning appx 15 lakh investor against communism.

Mr. khatiwada, you dumb ****.Close sharemarket for good. CGT when selling on loss as well.

When government policy states that stock markete development and modernization is of high priority and you dumb **** want to suck blood till single drop of a common investors.

CLOSE share market. Problem solved.

A day will come, even breathing will have CGT on this dumb communist regime. One breathing and 1 Rs tax.

This is gonna be a last communist government of Nepal, if you dumb **** government dont gets your act together.

I believe advance tax means any tax paid before final tax.

After book close, price is adjusted (lowered). Will Ramesh raj gautam's bau will pay for the loss?

It time to redefine bureaucracy, their job should be limited to documentation. They are too dumb to make any policy, they cant even define policy.

Why investor forum dont sue IRD for arabs?

Whey !$#! choro Ramesh raj gautam, does not ask why the person who introduced base rate system, introduced it.

Commie are too dumb to understand complexity of modern society, they cant understand more than cow and dung.

हैन, मैले कुरो बुझिन कि क्या हो?

बिक्रि नै नगरी मेरो BS या RS बाट मैले कति लाभ लिए भनेर कसरी थाहा पाउनु र अग्रीम कर दिनु? अनि मैले पछि बिक्रि गर्दा फेरी ७.५% फेरी तिर्नु पर्ने? एउटै मालको लागी २ पल्ट कर तिर्नु पर्ने?

todays trading trend shows that we nepali always react promptly on any issue and regret later.

If someone buys a share at Rs 1000. then he has to pay brokerage,sebon, nepse tax etc.

If same person sells that share one week later at 980 then,

capital gain tax = (980-100)*0.075 = Rs 66

so if someone has to buy and sell then combined taxes will be close to 10%. ??

What the *** is that ??

Traders will dissapear from market now??

अब price adjustment हुनु हुदैन, भयाे भने बाेनस र हकप्रदकाे मूल्य १०० कसरी हुन्छ । यस अघि price adjustment भइसकेका हरुकाे कसले व्यहाेर्ने नेप्सेले ?

Rising sun ji price adjustment will be there but there won't be any base price. You can see the mirmire adjusted price in the nepse page without base price. Base price=face value.

if some one wants to sell at bonus share of RBCL at 11000 now.

then they have to pay = (11000-100)*0.075 = Rs 817.5 capital gain irrespective of at what price they have bought it.

This is outrageous.

its a great news , people.

now price will skyrocket before book close and there wont be priceadjustment

जय होश सतिले सरापेको देश | आखिर दुखपाउने सोझसाझा लगानीकर्तानै त हो |

someone shoots them all. Mofo even dont know meaning of gain.

I wonder if IRD even understands what "Capital Gain" means.

Inland Revenue Department directs NEPSE to collect capital gains tax on bonus/right share on par value