will new tax cuts revive nepse?

The recent government initiatives, including new tax cuts and reforms, are showing positive signs for NEPSE. The capital gains tax has been reduced to 3.75% for shares held over a year and 5% for shorter periods, with an allowance for loss adjustment, which is expected to encourage more investment. This 21-point action plan also includes new IPO rules and bond market expansion. Following these announcements, NEPSE saw a rise of 35 points in the first hour of trading, with significant activity in banking and hydropower sectors. Investors are becoming optimistic, as reflected in consecutive double-digit gains and increased turnover.