Relief for Investors: Proposal for 1% Fee on Large Share Transactions Withdrawn
The proposed 1% fee on share transactions exceeding NPR 2.5 million has been officially withdrawn, bringing significant relief to investors and the NEPSE market. This policy reversal, confirmed by draft committee member Shrestha, indicates a pro-investor stance from regulators. The move is expected to encourage larger trading volumes by reducing the transaction cost burden on substantial investments. For everyday Nepalese investors engaging in higher-value trades, this means increased potential for net gains as a direct saving on transaction expenses. This decision could inject renewed confidence into the market, potentially spurring more active participation.
- MARKET FLASH: Big win for investors! Proposed 1% fee on share transactions over NPR 2.5M officially scrapped. Expect increased trading activity & higher net returns for large trades! #SamacharSanjal #NEPSE #GoldPriceNepal #StockMarketNepal
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The proposed 1% fee on share transactions exceeding NPR 2.5 million has been officially withdrawn, bringing significant relief to investors and the NEPSE market. This policy reversal, confirmed by draft committee member Shrestha, indicates a pro-investor stance from regulators. The move is expected to encourage larger trading volumes by reducing the transaction cost burden on substantial investments. For everyday Nepalese investors engaging in higher-value trades, this means increased potential for net gains as a direct saving on transaction expenses. This decision could inject renewed confidence into the market, potentially spurring more active participation.
Source:setopati.com
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