CGT on PSX share disposals for May 2025 to be collected on July 3

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MG News | June 25, 2025 at 10:07 AM GMT+05:00

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June 25, 2025 (MLN): The aggregate Capital Gains Tax (CGT) on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period May 1 to May 31, 2025, will be collected on Thursday, July 3, 2025.

The collection will be made through the respective settling banks of the Clearing Members (CMs), as per the notice issued by the National Clearing Company of Pakistan Limited (NCCPL).

The CGT on the redemption of units of open-end mutual funds for the same period has also been finalized.

All relevant details and reports have been made available in the CGT System.

CMs are required to ensure sufficient funds in their settling bank accounts and verify investor-wise CGT data through the system.

In case of non-collection or partial collection of CGT, CMs must provide the names and UINs of defaulting customers to NCCPL immediately after the collection date, or face action under applicable rules and regulations.

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