AUGAF
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • CommoditiesNew
  • Contact
No Result
View All Result
AUGAF
No Result
View All Result
Home Business

FBR Introduces Incentivize Capital Gain Tax Regime For Equity Investors

admin-augaf by admin-augaf
July 21, 2022
in Business, Finance
Reading Time: 2 mins read
0
FBR Collects Rs 6 trillion for the first time

FBR Collects Rs 6 trillion for the first time

Share on FacebookShare on TwitterWhatsapp

Karachi July 21 2022: National Clearing Company of Pakistan Limited (NCCPL) issued details of applicable capital gain tax rates effective from July 1, 2022 as per Finance Act 2022.

Under the new taxation act, where the security is acquired on or before June 30, 2022 capital gain tax will be charged at a rate of 12.5% for investors appearing in Active Taxpayer List (ATL) and 25.0% for those Investors not appearing in ATL.

These CGT rates are 2.5% lower for ATL and 5% for those Investors not appearing in ATL.

For ATL, Where the security is acquired on or after July 1, 2022, CGT will be charged at 15.0% if where the holding period does not exceed one year, 12.5% CGT where the holding period exceeds one year but does not exceed two years, 10.0% CGT where the holding period exceeds two years but does not exceed three years, 7.5% CGT where the holding period exceeds three years but does not exceed four years, 5.0% CGT where the holding period exceeds four years but does not exceed five years, 2.5% CGT where the holding period exceeds five years but does not exceed six years and zero percent where the holding period exceeds six years.

For Investors not appearing in ATL, Where the security is acquired on or after July 1, 2022, CGT will be charged at 30.0% if where the holding period does not exceed one year, 25.0% CGT where the holding period exceeds one year but does not exceed two years, 20.0% CGT where the holding period exceeds two years but does not exceed three years, 15% CGT where the holding period exceeds three years but does not exceed four years, 10.0% CGT where the holding period exceeds four years but does not exceed five years, 5.0% CGT where the holding period exceeds five years but does not exceed six years and zero percent where the holding period exceeds six years.

Future commodity contracts entered into by members of Pakistan Mercantile Exchange will be taxed at 5% for ATL and 10% for Investors not appearing in ATL.

Tags: CGTFBR
admin-augaf

admin-augaf

Related Posts

Sazgar awarded Category-A Green filed Status
Business

Sazgar Haval Sales Dropped 42% in April 2025

May 12, 2025
New Trump Travel Ban Could Bar Afghans, Pakistanis Soon – Reuters
Business

US and China Agrees to Lower Tariffs for 90 Days

May 12, 2025
Virat Kohli Steps down As Indian Test Captain: ICC
Business

Era Over as Virat Kohli Retires from Test Cricket

May 12, 2025
Fair Global Consult Fair Global Consult Fair Global Consult
ADVERTISEMENT

Recent News

Sazgar awarded Category-A Green filed Status

Sazgar Haval Sales Dropped 42% in April 2025

May 12, 2025
New Trump Travel Ban Could Bar Afghans, Pakistanis Soon – Reuters

US and China Agrees to Lower Tariffs for 90 Days

May 12, 2025
Virat Kohli Steps down As Indian Test Captain: ICC

Era Over as Virat Kohli Retires from Test Cricket

May 12, 2025
Oil Prices Fall After Iran Attack As Market Draws Down Risk Premium

Oil Prices Jump Over 3% on US-China Tariff Reductions

May 12, 2025
SHIFA Hospital profitability to Increase after addition of new Facilities: Insight Securities

Shifa International Hospitals to Acquire Full Ownership of Shifa Islamabad Medical Centre

May 12, 2025

Popular News

  • NSS

    President Prohibit National Savings For Changing Rates on Existing Certificates Retrospectively

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Appreciate against Dollar in Interbank as IMF Confirmed Board Review Date

    0 shares
    Share 0 Tweet 0
  • Pakistan Rupee Fall After 13 Days of Successive Gains against Dollar on Lower Remittances and Strengthening of US Dollar

    0 shares
    Share 0 Tweet 0
  • Petrol Prices in Pakistan to Return to July 2023 Levels

    0 shares
    Share 0 Tweet 0
  • Pakistan Central Bank Issued Show Cause Notice to Eight Banks Over Currency Speculation

    0 shares
    Share 0 Tweet 0

Categories

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology
AUGAF Logo

Follow us on social media:

Recent News

  • Sazgar Haval Sales Dropped 42% in April 2025
  • US and China Agrees to Lower Tariffs for 90 Days
  • Era Over as Virat Kohli Retires from Test Cricket

Category

  • Budget
  • Business
  • Culture
  • Finance
  • International
  • National
  • News
  • Politics
  • PTI
  • Sports
  • Technology

Recent News

Sazgar awarded Category-A Green filed Status

Sazgar Haval Sales Dropped 42% in April 2025

May 12, 2025
New Trump Travel Ban Could Bar Afghans, Pakistanis Soon – Reuters

US and China Agrees to Lower Tariffs for 90 Days

May 12, 2025
  • Home
  • Politics
  • News
  • Business
  • National
  • Finance
  • Technology
  • International

© 2021 AUGAF.

No Result
View All Result
  • Home
  • Politics
  • Business
  • National
  • News
  • Finance
  • Technology
  • Sports
  • International
  • Commodities
  • Contact

© 2021 AUGAF.