Kalika Laghubitta Bittiya Sanstha Limited (KMCDB) has urged its shareholders to pay the tax amount for 13% bonus shares.

The company’s recent AGM endorsed a 13% dividend for FY 2077/78, entirely in bonus shares. The bonus shares are worth slightly over Rs. 3.59 crores. The paid-up capital of the company during dividend distribution was Rs 27.68 crores.

Shareholders maintained before the joint operation after the merger between Janasewi Laghubitta and Kalika Laghubitta have received tax exemption on the bonus shares. Meanwhile, shareholders who bought the shares of Kalika Laghubitta after they commenced their joint operation (2076 Poush 23) should pay the tax amount on the dividend.

The exact tax amount to be…


Read full article at ShareSansar.com


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