If you trade on NEPSE, capital gains tax (CGT) is deducted automatically at the point of sale by your broker — but the rules around it changed meaningfully for FY 2083/84.
How CGT Is Calculated
CGT applies to the profit between your purchase and sale price of listed securities, with different rates typically applying to short-term versus long-term holdings (generally split around a one-year holding threshold).
The FY 2083/84 Change: Now a Final Tax
Previously, capital gains on listed securities had to be reconciled on your annual income tax return. From FY 2083/84, CGT on listed securities is treated as a final tax — once your broker deducts it at the time of sale, there's no further reconciliation required on your annual return.
What This Simplifies
For retail investors who trade occasionally and don't otherwise need to file a full return, this removes a filing obligation that many previously overlooked or handled incorrectly.
Still Worth Tracking
Even though it's a final tax, keeping your own record of purchase/sale prices and broker-deducted CGT is good practice — useful for personal financial planning and in case of any dispute with broker records.
Questions about how CGT interacts with your other income sources? Company Sathi can review your full tax position.
