The government has decided to reduce the capital gains tax on share trading. A Cabinet meeting held yesterday decided to set the capital gains tax at 5 percent for short-term securities trading and 3.5 percent for long-term trading on profits. Under the decision, individuals holding listed securities for more than 365 days will pay 3.5 percent advance tax on capital

The government has decided to reduce the capital gains tax on share trading. A Cabinet meeting held yesterday decided to set the capital gains tax at 5 percent for short-term securities trading and 3.5 percent for long-term trading on profits. Under the decision, individuals holding listed securities for more than 365 days will pay 3.5 percent advance tax on capital