Karachi, September 2, 2025 – The National Clearing Company of Pakistan Limited (NCCPL) has announced the deadline for the collection of Capital Gain Tax (CGT) from clearing members (CMs) and asset management companies for the month of July 2025.
According to the NCCP, the total CGT arising from the disposal of shares at the Pakistan Stock Exchange for the period July 1 to July 31, 2025, will be collected on Tuesday, September 9, 2025, through the respective settling banks of the CMs. The NCCPL has urged all clearing members to ensure that the required funds are available in their bank accounts well ahead of the collection date.
The NCCP has also finalized the CGT amounts on the redemption of units of open-end mutual funds for the same period. Detailed reports and information regarding the investor-wise capital gains or losses have been made available in the CGT System. Clearing members are required to verify these details carefully and confirm the tax liability, if any, for each investor.
The NCCPL further warned that in cases of partial or non-payment of CGT, CMs must promptly submit the names and UINs of defaulting investors to the NCCP immediately after the collection date. Failure to comply may result in enforcement actions in accordance with the rules and regulations of the NCCPL.
By setting clear deadlines and maintaining transparency through its reporting systems, the NCCP continues to streamline the CGT collection process and ensure compliance among market participants, reinforcing confidence in Pakistan’s capital market infrastructure.