Karachi, December 23, 2025 – The National Clearing Company Pakistan Limited (NCCPL) on Tuesday announced that December 31, 2025, is the final deadline for the collection of Capital Gain Tax (CGT) for the month of November 2025.
The NCCPL is responsible for collecting CGT on the disposal of securities traded on the Pakistan Stock Exchange (PSX) and other trading platforms on behalf of the Federal Board of Revenue (FBR).
In a notice to Clearing Members (CMs) and Asset Management Companies, the NCCPL stated that the aggregate CGT arising from the sale of shares on the PSX between November 1 and November 30, 2025, will be collected on Wednesday, December 31, 2025, through the respective settling banks of the CMs. All CMs are instructed to ensure that the required amount is available in their bank accounts ahead of the deadline. Relevant reports and details have already been provided in the CGT System.
Additionally, the CGT on redemption of units from open-end mutual funds for the same period has been finalized. CMs are required to verify investor-wise details of capital gains or losses and the applicable tax through reports available in the CGT System.
The NCCPL further emphasized that in the case of non-payment or partial collection of CGT, CMs must immediately submit the Name(s) and UIN(s) of defaulting customers to the NCCPL after the collection date. Failure to comply may lead to actions under the NCCPL’s applicable Rules and Regulations.
This announcement ensures transparency and timely collection of taxes from capital market transactions, aligning with regulatory requirements and supporting Pakistan’s fiscal framework.