Top3 min readNepal Receives Over Rs 36 Billion in FDI Commitments in Four Months, More Than Double Last Year’s FigureNepal Receives Over Rs 36 Billion in FDI Commitments in Four Months, More Than Double Last Year’s Figure Nepal has recorded a strong surge in foreign direct investment (FDI) commitments during the first four months of the current fiscal year 2082/83, with approvals crossing Rs 36 billion. According to the Department of Industry, a total of 382 new projects were registered by the end of Kartik — more than double the investment amount and project count recorded during the same period last fiscal year, which stood at just over Rs 19 billion. The data highlights a renewed interest from foreign investors across multiple sectors, signaling improving investor confidence despite Nepal’s broader economic slowdown. Strong inflows during the early months of the fiscal year also suggest that certain sectors are emerging as new growth engines for FDI.Dipesh Ghimire·25 Nov, 2025
Bonus Share Tax 2 min readSEBON Introduces Major Reform: Companies to Pay Bonus Share Tax on Behalf of ShareholdersSEBON Introduces Major Reform: Companies to Pay Bonus Share Tax on Behalf of Shareholders In a significant policy shift aimed at simplifying the dividend distribution process, the Securities Board of Nepal (SEBON) has implemented a new provision requiring all listed companies to pay the dividend tax applicable on bonus shares themselves, rather than making shareholders pay it separately. The change comes through the 10th amendment to the Securities Issuance and Allotment Directive, 2074, which officially took effect on Monday. SEBON stated that the new rule was necessary because many companies had been withholding the crediting of bonus shares into shareholders’ DEMAT accounts until investors personally paid the associated tax. This delay created heavy inconvenience—shareholders had to visit banks or company offices just to settle small tax amounts, often resulting in long waits, additional paperwork, and significant time loss.Dipesh Ghimire·25 Nov, 2025
Margin Trading3 min readSEBON’s New Draft Margin Trading Directive Set to Reshape Nepal’s Capital Market: Stricter Rules, Higher Discipline, and Stronger Risk Controls IntroducedSEBON’s New Draft Margin Trading Directive Set to Reshape Nepal’s Capital Market: Stricter Rules, Higher Discipline, and Stronger Risk Controls Introduced The Securities Board of Nepal (SEBON) has released the Draft Margin Trading Directive, 2082, marking a significant regulatory overhaul aimed at strengthening transparency, reducing systemic risk, and professionalizing margin trading practices in Nepal’s stock market. The draft, issued under the authority of Section 87(1) of the Securities Act, 2063, has been opened for public feedback for seven days. Once implemented, it will officially replace the existing Margin Trading Directive of 2074, which could not achieve full operational effectiveness. The draft directive introduces much stricter eligibility criteria for stocks that can be used for margin trading. Only companies with at least five million publicly listed shares, net worth greater than or equal to paid-up capital, consistent dividends in two of the last three years, and a minimum two-year listing history after the IPO will qualify. These conditions are designed to prevent investors from taking leveraged positions in unstable or newly listed companies, thereby reducing market volatility and protecting retail participants from excessive risk.Dipesh Ghimire·25 Nov, 2025
Capital Gains Tax3 min readCapital Gains Tax Collection Rises to Rs 380 Million in Kartik, but Overall Fiscal Trend Shows Deep ContractionCapital Gains Tax Collection Rises to Rs 380 Million in Kartik, but Overall Fiscal Trend Shows Deep Contraction Nepal’s stock market has delivered mixed signals in the first four months of the fiscal year 2082/83, with the month of Kartik showing a temporary improvement in revenue despite an overall downward trend. According to CDS & Clearing Limited (CDSC), the government collected Rs 380.59 million in Capital Gains Tax (CGT) during Kartik — a notable rise compared to Asoj’s Rs 243.6 million. The increase came largely on the back of a mild rebound in the NEPSE index, which encouraged short-term profit booking among investors.Dipesh Ghimire·25 Nov, 2025
Social Security Fund1 min readSocial Security Fund Contributions Near Rs100 Billion as Enrolment ExpandsSocial Security Fund Contributions Near Rs100 Billion as Enrolment Expands The government’s push to bring citizens under a wider social protection umbrella has significantly boosted deposits in the Social Security Fund (SSF). According to the Fund, total contributions have now reached Rs 95.44 billion, reflecting both the expansion of coverage and growing compliance among employers and workers. The SSF reported that 22,309 employers have been listed under the scheme, while the number of registered contributors has climbed to 2,641,189. Officials say participation has grown sharply after the government made it mandatory for migrant workers to enroll before taking up foreign employment. The inclusion of self-employed workers, industrial laborers and employees of various associations has also expanded the scheme’s reach.Dipesh Ghimire·24 Nov, 2025
Top4 min readNepal’s Banking System Struggles With Weak Credit Demand Despite Rising DepositsNepal’s Banking System Struggles With Weak Credit Demand Despite Rising Deposits For the past two and a half years, Nepal’s banking and financial institutions have been unable to expand lending at a meaningful pace. Although deposits have continued to grow—primarily due to strong remittance inflows—the demand for loans has remained significantly weak. As a result, the credit market has slowed down, and banks are finding it increasingly difficult to utilize their available resources effectively. The slowdown in loan expansion has also reduced the overall fund utilization capacity of commercial banks. Over this period, more than NPR 1.1 trillion in excess liquidity has accumulated within the banking system. Of this amount, approximately NPR 844.85 billion has been parked at the Nepal Rastra Bank (NRB) through the Standing Deposit Facility (SDF) and various deposit collection instruments. This situation has emerged because deposits are growing at a solid pace while loan demand is stagnant. Remittance inflows have reached record highs, but borrowers are not seeking new credit, leaving banks with large amounts of idle and investable funds.Dipesh Ghimire·23 Nov, 2025
Financial Regulators2 min readAmong Three Financial Regulators, NRB Employees Receive the Highest Pay PackageAmong Three Financial Regulators, NRB Employees Receive the Highest Pay Package Kathmandu — A comparative review of remuneration across Nepal’s three key financial regulatory bodies has revealed that employees of Nepal Rastra Bank (NRB) enjoy the highest salary and allowance benefits. The analysis shows a wide income gap between officers working at NRB, Nepal Insurance Authority (NIA), and the Securities Board of Nepal (SEBON).Dipesh Ghimire·20 Nov, 2025
Top3 min readNepal’s Inflation Falls Sharply Despite Market Complaints of Rising PricesNepal’s Inflation Falls Sharply Despite Market Complaints of Rising Prices Kathmandu — While consumers across the country continue to feel the pinch of rising market prices—intensified further after the recent Gen-Z protests—Nepal Rastra Bank’s latest macroeconomic report tells a completely different story. According to the central bank, inflation has actually declined significantly compared to last year, contradicting widespread public perception. The Macroeconomic Update published on Sunday, covering data up to the end of Ashoj, shows that overall inflation has eased markedly during the months of Shrawan, Bhadra and Ashoj in the current fiscal year.Dipesh Ghimire·20 Nov, 2025
Top2 min readForeign Employment Surges: Over 273,000 Nepalis Receive Labor Permits in the First Four Months of FY 2082/83Foreign Employment Surges: Over 273,000 Nepalis Receive Labor Permits in the First Four Months of FY 2082/83 Nepal has witnessed a sharp rise in the number of citizens opting for foreign employment in the first four months of the current fiscal year 2082/83. According to the Department of Foreign Employment (DoFE), a total of 273,810 individuals received labor permits between Shrawan 1 and the end of Kartik, indicating a significant rise compared to the same period last year. The surge reflects the continuing trend of out-migration driven by limited domestic employment opportunities and increasing demand for Nepali workers in international labor markets. The department’s data shows that 73,094 Nepalis received labor permits in the month of Kartik alone. Of these, 64,490 were men, while 8,604 were women. The month-on-month breakdown further highlights growing interest in foreign employment: 68,110 in Shrawan, 67,972 in Bhadra, 64,634 in Asoj, and 73,094 in Kartik. The upward trend observed in Kartik suggests renewed demand for labor in Gulf countries and Malaysia, which remain the major destinations for Nepali migrant workers.Dipesh Ghimire·19 Nov, 2025
Top3 min readFitch Retains Nepal’s Sovereign Credit Rating at ‘BB-’, Signaling International Confidence Amid Domestic ChallengesFitch Retains Nepal’s Sovereign Credit Rating at ‘BB-’, Signaling International Confidence Amid Domestic Challenges Nepal has once again secured a ‘BB-’ sovereign credit rating for 2025 from Fitch Ratings, marking the second consecutive year the country has received the same assessment. Despite a series of political tensions, social challenges, climate-driven disasters, and a global economic slowdown, the unchanged rating indicates that Nepal’s overall macroeconomic position remains steady. The Ministry of Finance noted that the reaffirmation serves as an international validation of Nepal’s ability to meet its long-term financial obligations, even as the country faces structural economic constraints and periodic instability.Dipesh Ghimire·19 Nov, 2025