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Capital Gain Tax To Be Deduct On 24th January For the Month Of November 2021: NCCPL

admin-augaf by admin-augaf
January 13, 2022
in Business
Reading Time: 2 mins read
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Capital Gain Tax To Be Deduct On 24th January For the Month Of November 2021: NCCPL

Capital Gain Tax To Be Deduct On 24th January For the Month Of November 2021: NCCPL

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Karachi January 13 2022: The aggregate amount of CGT arising on disposal of shares at Pakistan Stock Exchange for the period November
01, 2021 to November 30, 2021, would be collected on Monday January 24, 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.


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Further, the aggregate amount of CGT arising on trading of future commodity contracts at Pakistan Mercantile Exchange for the period November 01, 2021 to November 30, 2021, would also be collected from the Pakistan Mercantile Exchange on Monday January 24, 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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Tags: BUSINESSCGTfinancePakistanpakistan stock exchangePSX
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