Finance Minister directs to slash broker commission « Khabarhub
Sunday, June 23rd, 2024

Finance Minister directs to slash broker commission


18 December 2020  

Time taken to read : 2 Minute


  • A
  • A
  • A

KATHMANDU: Finance Minister Bishnu Prasad Poudel has directed to slash broker commission taking into consideration the various aspects of the capital market.

At a discussion with stakeholders at the ministry on Friday, Minister Poudel instructed to make necessary preparation for reducing the broker commission rate. “Not to make any delay in slashing broker commission, be proactive for implementing this direction”.

Noting that the capital market is expanding and developing, he directed the subordinate agencies to prepare a work schedule and implement it to resolve the existing problems.

The Minister also directed to accomplish the budget-stipulated works of the current fiscal year for the development of the capital market. If there need reforms in-laws and regulations to enable capital market development and make preparation for this as well, he directed.

Present on the occasion were finance secretary duo Shishir Kumar Dhungana and Ramsharan Pudasaini, economic adviser Dr. Prakash Kumar Shrestha, and Chief Joint-Secretary of financial sector management and public enterprises coordination division Jhanka Prasad Acharya.

Likewise, Chairperson of Securities Board of Nepal (SEBON) Bhishma Raj Dhungana, Nepal Stock Exchange (NEPSE) Chairperson Laxman Neupane, Chief Executive Officer Chandra Singh Saud, and CEO of CDSC Purna Prasad Acharya among others were present in the discussion.

Publish Date : 18 December 2020 23:00 PM

Today’s national news in a nutshell

Khabarhub brings you a glimpse of major developments of the

NC to enhance its opposition role: President Deuba

LUMBINI: Nepali Congress (NC) President and former Prime Minister Sher

Madhesh province assembly enacts Girl Child Protection Bill

DHANUSHA: The Madhesh Province Assembly has successfully enacted the Girl

Prideful leaders and cadres can advance the nation, says Finance Minister

KATHMANDU: Finance Minister Barshaman Pun emphasized that the country’s advancement

Maoist Centre has magical seat in parliament; Govt will serve full term: PM Dahal

KATHMANDU: CPN (Maoist Centre) Chairman and Prime Minister Pushpa Kamal