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Govt collected CGT worth Rs 2.86 billion from shares trading in first seven months of current FY

KATHMANDU, Feb 19: The government has collected capital gains tax (CGT) worth Rs 2.86 billion from the shares transactions in the first seven months of the current fiscal year.

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NIA instructs reinsurers to increase paid-up capital to Rs 20 billion in one year

KATHMANDU, Jan 31: Nepali reinsurance companies will have to increase their paid-up capital to Rs 20 billion following a decision of the Nepal Insurance Authority (NIA) to increase the capital base of the reinsurers.

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