did share market taxes just drop?

Yes, the government has recently reduced capital gains tax on the share market. The tax rate was cut to 3.75% for shares held over 365 days and 5% for shorter holding periods, as part of a 21-point action plan to boost investment. Additionally, investors will be allowed to adjust losses against gains, which is a new reform. However, despite these tax cuts, the stock market index (NEPSE) fell by about 21 points, reflecting investor skepticism about the timely implementation of these reforms.