NCCPL to collect capital gain tax on June 4, 2026
MG News | May 25, 2026 at 03:47 PM GMT+05:00
May 25, 2026 (MLN): The National Clearing Company of Pakistan Limited (NCCPL) has declared that the aggregate Capital Gain Tax (CGT) arising on the disposal of shares at the Pakistan Stock Exchange for the period April 1 to April 30, 2026, will be collected on Thursday, June 4, 2026, through the respective settling banks of the Clearing Members (CMs).
All CMs have been requested to ensure the requisite amount
is available in their settling bank accounts ahead of the collection date.
The necessary details and reports for the said period have
already been made available in the CGT System.
NCCPL has also finalized the aggregate CGT arising on the
redemption of units of open-end mutual funds for the same period, with relevant
details and reports accessible in the CGT System.
CMs are required to verify investor-wise details of capital
gain or loss and applicable tax through the reports and downloads available in
the CGT System.
In the event of none or partial collection of CGT, CMs have
been directed to provide the names and Unique Identification Numbers (UINs) of
defaulting customers to NCCPL immediately after the collection date.
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