Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced the collection schedule for Capital Gain Tax (CGT) from Clearing Members and Asset Management Companies. The collection, pertaining to financial activities on the Pakistan Stock Exchange, is set for Wednesday, October 7, 2026.

The aggregate CGT amount, which arises from the disposal of shares at the Pakistan Stock Exchange, encompasses the period from August 1 to August 31, 2026. Clearing Members (CMs) are required to ensure that the requisite amounts are available in their respective settling bank accounts by the designated date. Detailed reports for this period have already been disseminated through the CGT System.

According to information available from the Pakistan Stock Exchange (PSX), the CGT arising from the redemption of units in open-end mutual funds, covering the period from July 1 to August 31, 2026, has been finalized based on transactional data received from Asset Management Companies. These details have similarly been made accessible via the CGT System.

Clearing Members are instructed to verify the investor-specific details of capital gain or loss, along with the corresponding tax liabilities, using the reports available in the CGT System. In instances of incomplete or non-collection of CGT, CMs must immediately report the names and Unique Identification Numbers (UINs) of defaulting customers to NCCPL following the CGT collection date. Non-compliance could lead to actions as per NCCPL's established rules and regulations.

The designated market category remains focused on the stock exchange activities, ensuring a streamlined process for the collection and verification of taxes.