ISLAMABAD: The National Clearing Company of Pakistan Limited (NCCPL) has announced the capital gains tax (CGT) collection schedule for transactions carried out during October 2025.
The announcement, issued on Tuesday, aims to inform Clearing Members (CMs) and Asset Management Companies (AMCs) about upcoming deadlines and compliance requirements.
According to NCCPL, the aggregate CGT amount arising from the disposal of shares traded on the Pakistan Stock Exchange (PSX) between October 1 and October 30, 2025, will be collected on Tuesday, December 2, 2025. The tax will be collected through the respective settling banks of Clearing Members, and CMs have been instructed to ensure sufficient funds are available in their accounts for timely deduction.
NCCPL confirmed that all relevant details and CGT reports for the period have already been uploaded to the CGT System for review. Clearing Members are encouraged to examine investor-wise gain or loss data to verify accuracy before the collection date.
In addition, the company has finalized the CGT amount applicable to the redemption of units of open-end mutual funds for the same period. Asset Management Companies and Clearing Members can access the necessary statements and calculations through the CGT System.
The NCCPL has further advised that in cases where CGT is not collected or only partially collected, Clearing Members must immediately submit the names and UINs of defaulting customers. Failure to comply may attract action under NCCPL’s rules and regulations.
The update is part of NCCPL’s ongoing efforts to streamline tax collection and ensure transparency across Pakistan’s capital market ecosystem.
