What are the new CGT rates for FY 2083/84?

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.

When did the new CGT rates take effect?

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.

What was the CGT rate before FY 2083/84?

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.

Does CGT still apply only to gains, not the full sale amount?

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.

Does the holding period boundary change with the new rates?

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.

All articles

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 x 400 = NPR 80,000
Sell amount: 200 x 500 = NPR 100,000
Approximate gain (ignoring fees for simplicity): NPR 20,000
CGT at new short-term rate of 10%: NPR 2,000
Under the old rate of 7.5%, CGT would have been NPR 1,500
Difference: NPR 500 more in tax under the new rate

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: NPR 20,000
CGT at new long-term rate of 7.5%: NPR 1,500
Under the old rate of 5%, CGT would have been NPR 1,000
Difference: NPR 500 more in tax

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.