NCCPL to collect capital gain tax on Apr 3

News Image

MG News | March 25, 2025 at 12:05 PM GMT+05:00

0:00

March 25, 2025 (MLN): The aggregate amount of Capital Gain Tax (CGT) arising from the disposal of shares at the Pakistan Stock Exchange (PSX) for the period from February 1 to 28 will be collected on April 3 through the respective settling banks of the Clearing Members (CMs).

All CMs are requested to ensure that the requisite amount is available in their settling bank accounts, according to a notice issued by the National Clearing Company of Pakistan Limited (NCCPL).

Necessary details and reports for the said period have already been made available in the CGT System.

Moreover, the aggregate amount of CGT arising on redemption of units of open-end mutual funds has also been finalized for the period February 1 to 28, as per the notice.

CMs are hereby required to verify the investor-wise details of capital gain or loss and tax thereon, if any, through reports/downloads available in the CGT System.

"In case of no or partial collection of CGT, CMs are advised to provide the name(s) and UIN(s) of the defaulted customer(s) to NCCPL immediately after the CGT collection date", the notice added.

"Failure to do so may result in necessary action as per NCCPL’s applicable rules and regulations", it reads.

Copyright Mettis Link News

Related News

Name Price/Vol %Chg/NChg
KSE100 138,412.25
167.69M
0.32%
447.43
ALLSHR 85,702.96
423.92M
0.15%
131.52
KSE30 42,254.84
82.09M
0.43%
180.24
KMI30 194,109.59
84.37M
0.15%
281.36
KMIALLSHR 56,713.67
217.03M
0.03%
16.37
BKTi 37,831.34
13.04M
1.62%
603.62
OGTi 27,440.63
3.93M
-0.09%
-23.70
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 118,660.00 119,440.00
118,225.00
365.00
0.31%
BRENT CRUDE 72.86 73.17
71.75
0.35
0.48%
RICHARDS BAY COAL MONTHLY 96.50 0.00
0.00
2.20
2.33%
ROTTERDAM COAL MONTHLY 104.50 104.50
104.50
-0.30
-0.29%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 69.49 69.79
68.45
0.28
0.40%
SUGAR #11 WORLD 16.41 16.58
16.40
-0.18
-1.09%

Chart of the Day


Latest News
July 30, 2025 at 05:54 PM GMT+05:00

Pakistan BCI decreased by 1.2 points in July


July 30, 2025 at 05:17 PM GMT+05:00

Pakistan consumer confidence falls to 40.1 points in July


July 30, 2025 at 05:03 PM GMT+05:00

PKR rises by 10 paisa against USD


July 30, 2025 at 04:11 PM GMT+05:00

PSX Closing Bell: You Can’t Always Get What You Want



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg