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Farcry:Black Days ahead in Nepali Stock Market by government's Notorious VAT impletion

Moderators: बिमलमान, Dilbert.

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Member
Registered: Aug 2014
Posts: 122
Yes Jay GAnesh jee, you are absolutely right.
Do not get mislead by VAT implementation, investors.

VAT is lavied on broker commission, not in the transaction amount please note that.
For below 50000 transaction you are charged 1% brokerage commision and above that you are charged 0.9% brokerge commission. With this VAT implementation you will be charged as below

For prevailing 1% brokerage commission provision.
1 % + 13% of 1% = 1.13% brokerage commission including VAT

For prevailing 0.9% brokerage commission provision
0.9% + 13% of 0.9% = 1.017%

So don't get mislead by the news. VAT will be lavied on Brokerage commission but not on the Transaction amount or the capital gain.
Member
Registered: Sep 2013
Posts: 147
No NO No ..... you all are misguided by news . I confirmed that The Vat is only for Broker Commision not in Transaction.

Last time if you pay 0.9% Broker Commission , after Vat you have to Pay 1% in only Broker Commission not in Transaction and after Vat the Broker commission will be decrease to 0.3 to 0.5 % .It is in Pipe Line Finance programme. It Does not efect in this Bull Market.

Jay Ganesh!
Member
Registered: Sep 2013
Posts: 147
I confirmed that this Vat is only for Broker Commissions not in Transactions. Last Time if you Pay 0.9% Broker Commission after Vat you have to Pay 1.01 means 1% in Broker Commission.It does not efect in this Bull Market.

Jay Ganesh!
Member
Registered: Sep 2013
Posts: 147
Vat for Broker office only or Vat in our Capital Gain 5%. No all Tranjection. Loss do not pay any Tax either Vat or Tax.

Jay Ganesh!
Member
Registered: Apr 2015
Posts: 276
http://www.onlinekhabar.com/2015/09/321774/

Is it the end of Bullish trend in Nepse ?????? or The begining of Big bearish in NEPSE.
Or is it the end of Famous Short term trading ????????????????

According to new VAT taxation system in stock market by government in 7 days ,,
existing Vat + 13 %(new vat) in both buy and sell which means 26% VAT*******
To book a profit =existing vat + 26% vat + 5% profit tax = Profit ripper ,almost no profit
This how government treats to their investor ????????

Do the government garantee our profit ,, we take all the risk in investing and now government will take our all profit.

This is a definitely black Days in Nepse ... :'( :'( :'( :'( :'( :evil: :evil: :evil: :evil: :evil: :evil: :evil: :evil: :evil:

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