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Economic policy for Nepal

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Member
Registered: Oct 2013
Posts: 6338
The China-Japan ETF connectivity scheme was officially launched with four cross-border ETFs in Shanghai on Tuesday. The scheme allows investors in both countries to invest in each other's stock markets.



Why is china giving so much importance, protection to their share market. Dont they know share market is unproductive sector? :roll:

Why US about to decrease their interest rate to prevent their share market crash as well.

Why US not letting free market determine their interest rate like in Nepal?


Experts, biddwans of Nepal should be sent to China, US to teach them about share market, productive and unproductive sector, interest rate and free market :lol: :lol: :lol: :lol:




PS: Its amazing how, China is able to draft their cross border trading/investment in share market with in 6 month. And in Nepal, tapares are still unable to draft policy pending for decades.


marna na sake ko alchian haru. Condoms should be freely distributed in villages. Or unwanted could reach higher places without any ability in future.
« Last edit by The Rising Sun on Wed Jun 26, 2019 6:47 pm. »
Member
Registered: Oct 2013
Posts: 6338
विप्रेषणबाट प्राप्त रकमलाई शेयर बजारमा लगाउने उपाय खोजौं:अर्थमन्त्री


To bring remittance into share market, following should be done:

1: Easy Online transaction.

2: Protection of Share market: Govt should fix min level of share market. Which gives confidence in general investor and in future, it helps turn share as an asset.

The min level should not be in NEPSE point like 1000 or 2500, it should be in PE ratio. It they use NEPSE as min point, then if there is economic crisis, it wont work. So PE ratio should be considered while calculating min. pt.

Govt, SEBON and NRB should have their own min average PE ratio.

Govt's min average PE ratio should be 15. IF average PE ratio falls below 15, govt has to do every thing needed to protect it.


SEBON's min average PE ratio should be 16. If average PE ratio falls below 16. SEBON should do what is in their power, like, relaxing policy, no more IPO, preventing selling by market maker, institution, bringing in more market maker by relaxing policy etc.


NRB's min average PE ratio should be 17. When average PE ratio falls below 17, NRB can relax loan, provide special loan at low interest, relaxing monitory policy etc.


Govt should be the last resort cause, only govt can do what ever is needed. NRB should be the first resort, cause, NRB motivates others to use others' money. They dont used their own money.



3: Promote share market to migrant worker. Inform them about above information. If govt. does this, then remittance company and bfis working in remittance sector will forward their special offer/programmer like special discount if they invest through them.

Their offer to pay remittance directly to the broker. If migrant workers sell their share, the payment will be directly deposited in their bank account. etc.




This is how you promote investment. Govt has to lure them. Not force them. Forcing never works.
Member
Registered: Oct 2013
Posts: 6338
Gold egg laying goose.


https://forum.sharesansar.com/topic.php?id=6197



In real life, one of the example of cutting stomach of Goose is charging high tax from hard working, successful individuals and businesses.




What happens when you charge too much tax?
1: First of all, it destroys motivation.

2: Those who knows how to make money, if they are charged high tax, whey wont be able to reinvest that amount so more job creation and constant increase in contribution to the economy is prevented.

3: And that tax collected will be wasted by bureaucrats.
« Last edit by The Rising Sun on Mon May 20, 2019 8:01 pm. »
Member
Registered: Oct 2013
Posts: 6338
अनियन्त्रित वृद्धिले अर्थतन्त्र 'हार्ड ल्यान्डिङ' गर्नु पर्ने हुन्छ, स्वर्णिम वाग्लेको लेख



:mrgreen: :mrgreen: :mrgreen:

funny guy. first of all its not out of control growth, sarbagyani yuraj k was trying for controlled growth which is not possible and mao and nahru tried and millions died.


how may wagles are out there who are professional dalal of congress and south?????


When yuraj k is out, I will advice next FM how to increase growth and problem high growth creates and its counter measures.


One is, when country go for development, we need foreign loan or else there will be liquidity crisis. Neither govt, nor private sector brought enough foreign currency into Nepal.



These enemy of Nepal hates prosperity, second international airport, fast track, chinese rail......
Member
Registered: Oct 2013
Posts: 6338
मोट्रेक्सको कडा शर्त विरुद्ध नाडा, सात वर्ष अरु कम्पनीलाई प्लान्ट राख्न नदिने शर्त अस्विकार्य

- Govt can counter offer "for 5 year, no more than 2 assembly plant".
- Or, for two year no new license for another assembly plant
metrocax can choose.

This wont apply to electric vehicle assembly plant (unless they are assembling electric vehicles) or parts manufacturing company.

They should be assembling latest model or at least one earlier model than the latest model.



Others did not give interest in assembling, now when finally someone is about to start one, there is protest.
Member
Registered: Mar 2018
Posts: 1859
Is it a prudent decision to apply Sanjen & Rasuagadi IPO?
साञ्जेन जलविद्युत कम्पनी लिमीटेड र रसुवागढी हाइड्रोपावर कम्पनी लिमीटेड पनि सरकारद्वारा घोषित जनताको जलविद्युत कार्यक्रमभित्रै समेटिने

What is the procedure of listing shares included in "Janatako Jalbidhut Karyakram" ?
Member
Registered: Oct 2013
Posts: 6338
करका दर बारे सुझाव दिन वैशाख १५ सम्मको समयसीमा, कुन-कुन क्षेत्रममा दिन पाइन्छ सुझाव ?






- All income tax should be below 25% (that include dividend tax and bonus) and should be mentioned in the constitution.

- No VAT in food (including restaurant and packaging excluding all drinks, cigarette etc), education and healthcare- which should be mentioned in constitution.

- Tax on beer and wine should be just 25% of other alcohol.

- No income tax on hydro for at least 30 year since they have to be handed over to govt in 25/30 year and Its handing over period should be increased to 50 year.

- Manufacturing industries- 0-10%

- Exporter- 0-5%

- Corporate tax (including bfis insurance, telecom)- 20% and no Dividend tax. (current- 30% tax, 10% bonus and 5% dividend tax) Or 15% tax and 5% dividend Tax.

- Reduction of custom duty at least make all custom duty half with in 5 year period. Very low custom duty and road tax on bikes (today, value of old bike is less than renewal fee + insurance).

- CGT on shares current but should be final. But reduce for long term holder 2/3 yr.

- VAT rates- .01%, 20% and 50%

- Declare those earning from 5 lakh to 50 lakh- middle class and income tax for them should not be more than 15%. (I advised months back, looks like India copied it almost similar. There those making below 5 or 8 lakh IC as poor).

- Taxation policy should promote domestic tourism and restaurant business.

- If company spends 3% on domestic tourism for employees, give them 3.15% tax deduction. If they spend 10% on bonus, give them 10.5% tax deduction if you do this, you can maintain 30% corporate tax. If they donate 1% to political party, give them 1.05% Tax deduction (its time, taxpayer should finance politics not black money).
Member
Registered: Oct 2013
Posts: 6338
कर्जा सूचना केन्द्रको कारोबारमा पनि भ्याट, बैंक सेवा शुल्कको रकम केन्द्रलाई जाने जिकिर


What next? Sarbagyani yuraj k should impose VAT on fees public pay to get govt services too like- while receiving academic certificate, license, marriage/birth/death certificate, passport/visa too :evil:



If sarbagyani yuraj k and 8 classe Oli are not dead very soon, its just a matter of time, they will impose VAT on VAT amount while paying VAT.
Member
Registered: Oct 2013
Posts: 6338
"We are making policies to give incentives to industrialists and people involved in textile sector. Our motive is to let people make money so that they can produce job opportunities and help people get out of poverty, like China did," says Pakistani PM


---In Nepal, they say, if you want to make profit, dont invest in business.

Become politician, bribe politician and become bureaucrat then sell insurance company license.
Member
Registered: Mar 2018
Posts: 1859
"पैसा छ, तर खर्च भएको छैन,' अर्थ मन्त्रालयका एक सहसचिवले भने, 'विकासको काम तीव्ररुपमा भएर पैसा दिन नसक्ने अवस्था आउनुपर्नेमा उल्टै पैसा थुप्रिनु राम्रो संकेत होइन"
Jay hos COMMINA SARKAR and those voted COMINA.
Member
Registered: Mar 2018
Posts: 1859
केपी ओली नेतृत्वको स्थायी सरकारलाई विदेशी लगानीकर्ताले रेड सिंग्नल देखाएका छन्। यो वर्ष नेपालमा लगानी गर्न आउने विदेशी लगानीकर्ता घटेका छन्
Not only FDI, domestic investors are also afraid of OLI/YK punch. Even our group ve withhold some of the ready projects due to inconsistent COMMINA policy and money market problem.
DEAF & DUMB government must open its eye/ear now otherwise country economy will hit the rock bottom from where come back will not be possible.
Member
Registered: Oct 2013
Posts: 6338
Learn something from US, idiot politicians, bureaucrats, social media self appointed expert "how US deals with stock market crash, what mechanism they have". Savages in Nepal, dont talk about stock market when you dont even know what share is, especially politicians, partrakar, social media expert, bureaucrats.




------------

The early slide extends a downward spiral for equities. As of market close Friday, the S&P 500 was down 17.8% from its year-to-date intraday high from September, nearing a bear market.

On Sunday, Treasury Secretary Steven Mnuchin held individual calls with CEOs of six of the largest banks in the U.S. to discuss liquidity concerns. Mnuchin said in a statement that "the banks all confirmed ample liquidity is available for lending to consumers and business markets." The discussions come amid an escalating stock market sell-off as well as ongoing tension between President Donald Trump and Federal Reserve Jerome Powell over rising interest rates.

The Treasury Secretary on Monday will additionally convene a call with the president's Working Group on Financial Markets, a group sometimes known as the "Plunge Protection Team" that also convened in 2009 in the late stage of the financial crisis. The group includes Federal Reserve as well as Securities and Exchange commission officials.


-----------
Savages in Nepal, read again these terms:
"Treasury Secretary Steven Mnuchin held individual calls with CEOs"
"liquidity concerns"
"consumers and business markets"
"discussions come amid an escalating stock market sell-off"
"president's Working Group on Financial Markets"
"Plunge Protection Team"
"Federal Reserve as well as Securities and Exchange commission officials"


Economic policy of Nepal, needs to include above. But idiots in Nepal say, share market going up and down is normal. In US, when market crashed 17%, they see it as crisis, in Nepal, idiots say, its normal when Market crashes 50%.

Idiots.

gobar sorne aukar are running govt, media, society.
Member
Registered: Oct 2013
Posts: 6338
सेयर लगानीकर्ताको आन्दोलनमा राजनीति छिर्यो, राजपाको लिखित ऐक्यबद्धता

- when will political parties, wanna be in govt, declare their detail share market policy. this is the right time to declare it. I want policy in detail not just lip service like "we are positive, share market will perform well under our govt".

8 classe Oli has already fooled us once.

fool me once, share on you
fool me twice, .......

Parties outside govt should present their share market policy by addressing their policy regarding 10 pt demand by ongoing struggle.

Plus, I want to know, will your govt let BFIs take Shares as collateral for other form of loan too.

Will you fire all bureaucrats in sebon, nepse, nrb, finance minister who have been stalling new policy which are in pipeline for years now?


Disclose your share market policy immediately so that I would be able to judge, whom to vote in next election. And so that I would be able to gather support for that party for next election.


Last election, i voted for nationalism. Now they have turned me into beggar. Not more that kind of nationalism which turn you into slave.
Member
Registered: Oct 2013
Posts: 6338
Canada arrested one top manager of China and world lost more than 1 trillion in single day which is not much. But already, crashing share market sent shock wave to political class. Civilized world knows what happens when their share market crashed for no good reason.

In Nepal, share market lost more than 1000 billion, which is close to 50% of total value and no body in power- political, bureaucrats, so called expert, biddwan thought it is the problem. They think crash is normal process.

Just like in the world, share market crash for no reason does impact economy, politics but politician, bureaucrats, so called biddwan does not get it. From next election commie will know. There is lot of opposition to this oli govt, but they are too dumb to identify which opposition is from share market and which from outside. Crashing of share market will only create political problem to govt, but politicians are too dumb to see it.

When NEPSE made 1800 record, it crashing below 1700 turned NEPSE to undervalued level. Today, few hundred below 3500 is undervalued level. But idiots who think they understand share think it is not.


Share market is very important to economy and politics. Parties better give importance to share market in their economic policy, or their politics will get hit.

But oli and yuraj k and other commie are too dumb to see it.

Learn from civilized world. How world reacted when world lost more than 1 trillion dollar after Canada arrested a chinese. That shows the importance of share market. Crash of share market pressured political and financial class.
Member
Registered: Oct 2013
Posts: 6338
# all income tax should be below 25% (that include dividend tax and bonus) and should be mentioned in the constitution.

# No VAT in food (including restaurant and packaging excluding all drinks, cigarette etc), education and healthcare- which should be mentioned in constitution (to fool proof taxation from idiots/evil like yuraj k),

# Capital Gain tax back to 5%.

# No income tax on hydro, since they have to be handed over to govt in 25/30 year.

# No income tax on manufacturing industries.

# Reduction of custom duty. Very low custom duty and road tax on bikes.

# All tax increased by yuraj k should be reversed.

# VAT rates- .01%, 20% and 50%.

# Declare those earning from 5 lakh to 50 lakh- middle class and income tax for them should not be more than 15%.

# Taxation policy should promote domestic tourism and restaurant business.

# If company spends 3% on domestic tourism for employees, give them 3.15% tax deduction. If they spend 10% on bonus, give them 10.5% tax deduction. If they donate 1% to political party, give them 1.05% Tax deduction (its time, taxpayer should finance politics not black money).

# etc
Member
Registered: Oct 2013
Posts: 6338
Party who wants to build Nepal and win election. Their economic policy should be liberal not same outdated which did not even work, which already failed 40-70 years ago, which were tried by likes of mao, neheru.

Cause of mao's economic policy to divert all capital, manpower into so called productive sector and collective production lead to death of millions.

And Nehru's economic policy, if you watch old indian movies, you could see, almost all so called heros in those movies were unemployed and were always poor.

Look at china and india today after economic revolution.

And our commie, socialist want to repeat history as it is.

Repeating bad history is dumb, repeating history with same action is animal dumb.

And our yuraj k is animal dumb.

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