Taxation in Merchant Bankers and Mutual Fund (updated as per tax provisions for FY 2075/76)

1. Introduction 1.1 Merchant Banker Merchant banker is an institution which carries out a range of services related with securities after obtaining license from concerned authorities. As defined in Section 2 (gha) of Merchant Banker Regulation 2064 (amended 2074), Merchant banker refers to the securities businessperson licensed to carry out[...]