Amid growing concerns among investors over the proposed 1% share transfer fee, Rastriya Swatantra Party (RSP) Member of Parliament Hari Dhakal has clarified that the additional charge will not affect regular secondary market trading conducted through the NEPSE and TMS systems.

According to Dhakal, the proposed provision in the draft Companies Act 2083 targets off-market share transfers valued at Rs. 2.5 million or more, including direct ownership transfers such as inheritance, gifts, and internal corporate share transfers. These transactions are processed through the CDSC system rather than the stock exchange.

He emphasized that investors buying and selling shares through the NEPSE trading platform will continue to pay only the existing charges, including broker commission, SEBON fee, DP charge, and capital gains tax (CGT). No additional 1% fee will be imposed on normal market transactions.

The clarification comes after widespread discussions and confusion regarding the proposed legislation, which had raised concerns among retail and institutional investors. Dhakal urged investors to rely on official information rather than rumors and misinformation circulating on social media.

He also noted that the proposed 1% transfer fee is intended solely for specific off-market transactions requiring direct share registration, and not for routine stock market trades.