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Capital Gain Tax For the Month of July To Be Collected On 26th September

admin-augaf by admin-augaf
September 17, 2022
in Business, Finance
Reading Time: 1 min read
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Capital Gain Tax For the Month of July To Be Collected On 26th September

Capital Gain Tax For the Month of July To Be Collected On 26th September

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Karachi September 17 2022: The aggregate amount of CGT arising on disposal of shares at Pakistan Stock Exchange for the period July 01, 2022 to July 31, 2022, would be collected on Monday, September 26, 2022 through respective settling banks of the Clearing Members.

All Clearing Members are hereby requested to ensure requisite amount in their respective settling bank’s account. Necessary details and reports for the said period have already been made available in the CGT System.

Further, the aggregate amount of CGT arising on trading of future commodity contracts at Pakistan Mercantile Exchange for the period July 01, 2022 to July 31, 2022, would also be collected from the Pakistan Mercantile Exchange on Monday, September 26, 2022. Necessary details and reports for the said period have already been made available.

Clearing Members and Pakistan Mercantile Exchange are hereby requested to verify the investor wise details of capital gain or loss and tax thereon, if any, through reports/downloads. Please note that, in case of none or partial collection of CGT, necessary action would be taken in accordance with the Rules and NCCPL Regulations.


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