Karachi February 24 2025: The aggregate amount of CGT arising on disposal of shares at Pakistan Stock Exchange for the period January 1, 2025 to January 31, 2025, would be collected on Tuesday March 4, 2025 through respective settling banks of the CMs.
All CMs are hereby requested to ensure requisite amount in their settling bank’s account. 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 have also been finalized for the period January 1, 2025 to January 31, 2025. Necessary details and reports have already been made available in the CGT System.
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. Please note that, in case of none or partial collection of CGT, CMs are advised to provide the name of the defaulted UIN(s) to NCCPL immediately after the CGT collection date. Failure to do so may result in necessary action as per NCCPL’s applicable Rules and Regulations.
