The government’s income from capital gains tax on share trading fell sharply by about 56% in the first five months of the current fiscal year compared to the same period last year. Revenue dropped from Rs 9.20 billion to Rs 4.01 billion mainly because share trading activity declined and investor confidence weakened. Stock trading was briefly halted after the Gen Z movement. Daily turnover fell significantly, and demands for free hydropower shares, along with problems in banks, financial institutions, and insurance companies, further reduced market activity. As a result, the stock index also fell below 2,600 points, leading to much lower tax collection from share transactions.
CGT collection drops by more than 50% to Rs 4.01 billion in five months
