CGT Is Now a Final Tax — What Nepal's FY 2083/84 Change Means for Share Investors
From FY 2083/84 the capital-gains tax on your NEPSE share sales is proposed to become a final tax. This guide explains what that means, what the rates are for both this year and last, who still has filing to do, and the one trap that survives the change and can quietly cost you money for years.
The change
A final tax means the tax withheld at the point of sale is the end of the matter for that gain — there is nothing further to compute, reconcile or pay on it at year-end. Your broker deducts the capital-gains tax when you sell, and for a final tax that deduction settles the liability. In practice this means less year-end filing over time, not more.
The FY 2083/84 rates and the final-tax treatment come from the Finance Bill tabled on 29 May 2026. Until Parliament passes it, these are proposals, not binding law. We label every FY 2083/84 figure as proposed across the site so you are never quoting an un-enacted rate as settled.
The rates
| Fiscal year | Long-term (>365d) | Short-term (≤365d) | Institution | Status | AD window |
|---|---|---|---|---|---|
| 2082/83 | 5% | 7.5% | 10% | ENACTED | 2025-07-17 → 2026-07-16 |
| 2083/84 | 7.5% | 10% | 10% | PROPOSED — NOT YET ENACTED | 2026-07-17 → 2027-07-15 |
For individuals, a lot held more than 365 days is taxed at the long-term rate; 365 days or fewer at the short-term rate. Losses are not taxed. The fiscal year of your sell date decides which row applies.
Who still files
FY 2082/83 sales settle under that year's enacted rules — long-term 5%, short-term 7.5% for individuals — so gains realised before the change are handled the old way. If you sold during FY 2082/83, reconcile those sales at the FY 2082/83 rates. The final-tax simplification applies to the new year; it does not retroactively rewrite the year that just closed.
The trap that survives the change
A final tax removes year-end filing, but it does not fix a wrong purchase cost. Capital-gains tax is charged on your gain, and your gain is sale price minus your recorded average purchase cost. If the cost recorded in MeroShare is wrong, the tax withheld is wrong — and because it is now final, the error is baked in at every sale rather than caught at filing.
The cost gets wrong most often through corporate actions. A bonus share issue lowers your true average cost across a larger number of shares; a rights issue adds shares at the rights price and shifts the average again. If those adjustments are not booked correctly, your average cost drifts away from reality and every subsequent sale is taxed on the wrong base — compounding with each bonus and rights issue.
The terminal reconciles your FY 2082/83 ledger and keeps your cost basis right through every bonus and rights adjustment — so the tax withheld matches the tax you actually owe. Rs 2,999/yr.
Want to run the numbers on a specific trade? Use the free capital-gains-tax calculator — it prices a single buy-and-sell with the full six-fee stack for both fiscal years.