Karachi: The National Clearing Company of Pakistan Limited (NCCPL) has announced the collection schedule for the Capital Gain Tax (CGT) from Clearing Members (CMs) and Asset Management Companies. The aggregate amount of CGT arising from the disposal of shares at the Pakistan Stock Exchange (PSX) for the period from October 1, 2025, to October 30, 2025, will be collected on Tuesday, December 2, 2025, through the respective settling banks of the CMs.

According to information available from the Pakistan Stock Exchange (PSX), all Clearing Members are requested to ensure that the requisite amount is available in their settling bank accounts. The necessary details and reports for the specified period have already been made available in the CGT System for verification.

Furthermore, the aggregate amount of CGT resulting from the redemption of units of open-end mutual funds for the same period has been finalized, with all relevant details accessible through the CGT System. CMs are required to verify the investor-wise details of capital gain or loss and the corresponding tax through the reports and downloads available in the system.

In the event of non-collection or partial collection of CGT, CMs are obligated to provide the names of the defaulted UINs of the defaulted customers to the NCCPL immediately following the CGT collection date. Failure to comply may lead to necessary actions as per the NCCPL's applicable rules and regulations.