Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced the scheduled collection of Capital Gain Tax (CGT) from Clearing Members and Asset Management Companies for the period of September 1, 2025, to September 30, 2025. The collection will take place on Thursday, October 30, 2025, through the respective settling banks of the Clearing Members.

Clearing Members are urged to ensure that the requisite amount is available in their settling bank accounts. According to information available from the Pakistan Stock Exchange (PSX), the necessary details and reports for the mentioned period have been made accessible within the CGT System.

In addition to the shares disposal at the Pakistan Stock Exchange, the CGT arising from the redemption of units of open-end mutual funds has been finalized for the same period. The details and reports have been provided in the CGT System for verification purposes.

Clearing Members are required to verify the investor-wise details of capital gains or losses and the corresponding tax, if applicable, through the reports and downloads available in the CGT System. In instances of non-collection or partial collection of CGT, Clearing Members are advised to immediately submit the names and Unique Identification Numbers (UINs) of defaulting customers to the NCCPL post the CGT collection date. Non-compliance may lead to actions as per NCCPL's rules and regulations.