Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced the forthcoming collection of Capital Gain Tax (CGT) from Clearing Members (CMs) and Asset Management Companies (AMCs). The CGT, arising from the disposal of shares at the Pakistan Stock Exchange (PSX) for the period of August 1, 2025, to August 31, 2025, will be collected on Tuesday, September 30, 2025.

According to information available from the Pakistan Stock Exchange (PSX), the necessary details and reports for the specified period have been made accessible in the CGT System. This development requires all CMs to ensure the requisite amount is available in their settling bank's account to facilitate the seamless collection of the tax through their respective banks.

Additionally, the aggregate amount of CGT from the redemption of units of open-end mutual funds for the same period has also been finalized, with relevant reports and details available in the CGT System for verification and compliance purposes.

Clearing Members are urged to verify the investor-wise details of capital gain or loss and the corresponding tax, if applicable, using the reports and downloads provided in the CGT system. In instances of non-collection or partial collection of CGT, CMs must promptly submit the names of any defaulted Unique Identification Numbers (UINs) of the defaulted customers to the NCCPL immediately following the CGT collection date. Non-compliance may trigger necessary actions as per NCCPL's applicable rules and regulations.