So i just bought my first shares worth 4000. So if i get like 2000 profit while selling them do i have to pay taxes or any charges to my broker? Also my broker hasn’t cut any commission fee from my collateral amount. Also what if i sell my shares at a loss do i still have to pay taxes and commission fee?

More at: r/NepalStock by Blinkz123

  1. You bought from collateral doesnt mean you’ve paid for the stock. Its just a buffer for brokers safety(oh the irony of non cash collateral). You need to settle the payable amount. After a day you will see net payable amount just below your dp watchlist on main page, just click on that and settle using collateral or (eod payment if you wish to use connect ips or the banks your broker supports). You will pay your commissions here.

  2. Yes, you’d have to pay SEBON fee, Broker commission, and taxes on your capital gain (7.5% for DP holding of <365 days; 5% for DP holding of >465 days).

    No, you do not pay any taxes on your realized loss. But SEBON fee & Broker commission is deducted with each transaction regardless of your profit or loss.

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