Taxes & rules
New NEPSE CGT rates for FY 2083/84: 10% short-term, 7.5% long-term.
Nepal raised capital gains tax on share sales for the fiscal year starting Shrawan 1, 2083 (July 17, 2026). Individual short-term CGT rises from 7.5% to 10%. Individual long-term CGT rises from 5% to 7.5%. Here is what changed, a worked example, and what it means for your holding decisions.
5 min read · Updated · 7 Jul 2026
What changed and when?
Effective Shrawan 1, 2083 BS (July 17, 2026), Nepal's budget introduced higher capital gains tax rates on share sales by individual investors:
| Category | Old rate (up to FY 2082/83) | New rate (FY 2083/84 onward) |
|---|---|---|
| Short-term (held 365 days or less) | 7.5% | 10% |
| Long-term (held more than 365 days) | 5% | 7.5% |
The holding-period boundary has not changed: exactly 365 days is still short-term. You need at least 366 days of holding to qualify for the long-term rate.
Who is this for?
These rates apply to individual Nepali investors selling listed securities on NEPSE. Institutional rates differ. If you are trading through a company entity or a fund, consult a tax professional for the applicable rate.
Worked example: short-term sale under new rates
You bought 200 shares of ABC Bank at NPR 400 on 1 September 2026 and sold at NPR 500 on 15 January 2027 (137 days, short-term).
| Buy amount (200 × 400) | NPR 80,000 |
| Sell amount (200 × 500) | NPR 100,000 |
| Approximate gain, ignoring fees | NPR 20,000 |
| CGT at the new short-term rate of 10% | NPR 2,000 |
| CGT at the old rate of 7.5% | NPR 1,500 |
| Difference under the new rate | NPR 500 more |
The broker deducts CGT at source on the contract note, so the net cash you receive on T+2 reflects the deduction already.
Worked example: long-term sale under new rates
Same shares, but you hold for 400 days (long-term).
| Approximate gain, ignoring fees | NPR 20,000 |
| CGT at the new long-term rate of 7.5% | NPR 1,500 |
| CGT at the old rate of 5% | NPR 1,000 |
| Difference under the new rate | NPR 500 more |
What does this mean for holding decisions?
The gap between short-term and long-term rates is now 2.5 percentage points (10% vs 7.5%), the same as before. The absolute tax cost has risen for both categories. For a gain of NPR 1 lakh, crossing into long-term territory saves NPR 2,500 in tax under the new schedule (versus NPR 2,500 under the old schedule). The decision to hold an extra few days to cross the 365-day boundary is as valuable as it was before.
Punji's CGT countdown, visible on any holding detail screen, shows the number of days until that holding becomes long-term. Use Punji's CGT calculator to model the exact net receivable under both rates for your specific trade size and fees.
Where to read more on how CGT is calculated
If you are new to CGT in Nepal, read the full CGT guide first. It covers cost basis (including broker fees and SEBON charges), FIFO for multi-lot holdings, and why the calculation is more involved than simply multiplying the gain by the rate.
Common questions
Answered plainly.
For FY 2083/84 (starting Shrawan 1, 2083 / July 17, 2026): individual short-term capital gains tax (shares held one year or less) increased from 7.5% to 10%. Individual long-term capital gains tax (shares held more than one year) increased from 5% to 7.5%. Both rates are deducted at source by the broker.
The new rates apply from Shrawan 1, 2083 BS, which corresponds to July 17, 2026. Any sale that settles on or after that date is subject to the new rates. Sales that settled before July 17, 2026 were taxed under the old rates.
Before FY 2083/84, the rates for individual investors were 7.5% on short-term gains (held 365 days or less) and 5% on long-term gains (held more than 365 days). These rates applied from at least FY 2077/78 onward.
Yes. CGT is calculated on the realised capital gain only: your net sale proceeds minus your cost basis (purchase price plus fees). If you sell at a loss, no CGT applies. The higher rate makes the size of the gain more important to track accurately.
No. The boundary remains the same: held exactly 365 days or fewer is short-term (now 10%); held more than 365 days is long-term (now 7.5%). Punji's CGT countdown shows exactly how many days until a holding crosses into long-term territory.
Read next
The rest of the guide.
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- SEBON new IPO rules 2026: retail discount and book-building changesRetail minimum 50 units, 10% discount on the institutional price, and eased eligibility for companies with 1 arba paid-up capital.
- NEPSE After Market Order (AMO), explainedAMO went live in the TMS on 13 August 2026. Place an order while the market is closed and it queues for the next session. Timings and limits.
- How to calculate and update WACC in MeroShareYour average buying price decides your capital gains tax. What WACC means, the exact steps, and what a wrong figure costs.
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