NCCPL to Collect June CGT on July 31, 2025

capital gain tax

Karachi, July 25, 2025 – The National Clearing Company of Pakistan Limited (NCCPL) has officially announced that Capital Gain Tax (CGT) for the month of June 2025 will be collected on Thursday, July 31, 2025.

In its notification to Clearing Members (CMs), the Pakistan Mercantile Exchange Limited (PMEX), and Asset Management Companies (AMCs), the NCCPL stated that the total CGT amount on share transactions at the Pakistan Stock Exchange (PSX) for the period from June 1 to June 30, 2025, will be collected through the respective settling banks of the CMs.

NCCPL has requested all CMs to ensure sufficient funds are available in their settling bank accounts on the collection date. The required reports and calculations have already been uploaded to the CGT system for review and verification.

In addition to PSX trades, the aggregate CGT amount on future commodity contracts traded at PMEX from December 1, 2024, to June 30, 2025, will also be collected on July 31, 2025. All related details and tax reports are available in the CGT system for CMs and stakeholders to access.

Similarly, NCCPL has finalized the CGT amount arising from the redemption of open-end mutual fund units for the month of June 2025. Reports for these transactions are also accessible through the CGT system.

Clearing Members are advised to carefully verify investor-wise capital gain or loss, and the CGT calculated for each, using the available reports. If CGT is not collected fully or partially, CMs must immediately share the names and UINs of the defaulting investors with NCCPL after the collection date.

The NCCPL emphasized that failure to comply may result in action under its rules and regulations, as it continues to enforce CGT collection responsibly.