NCCPL to collect November CGT on December 31

December 23, 2025 (MLN): National Clearing Company of Pakistan Limited (NCCPL) has outlined the schedule and procedure for the collection of Capital Gain Tax (CGT) related to stock market transactions and mutual fund redemptions for November 2025.

According to the notice, the aggregate CGT arising from the disposal of shares at the Pakistan Stock Exchange during the period November 1 to November 30, 2025 will be collected on Wednesday, December 31, 2025, through the respective settling banks of Clearing Members (CMs). 

Clearing Members have been directed to ensure the availability of the required funds in their designated settling bank accounts on the collection date. 

NCCPL has already made the relevant details and reports available in the CGT System.

In addition, the aggregate CGT generated from the redemption of units of open-end mutual funds for the same period has also been finalized. 

Investor-wise details of capital gains or losses, along with applicable tax, can be accessed through reports and downloads available in the CGT System. 

NCCPL has required Clearing Members to verify these details and, in cases of none or partial CGT collection, submit the names and UINs of defaulted customers immediately after the CGT collection date. 

Failure to comply may lead to action under NCCPL’s applicable rules and regulations.

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