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NCCPL to collect Capital Gain Tax on for the month of March on 28th April: PSX

admin-augaf by admin-augaf
April 20, 2022
in Business
Reading Time: 1 min read
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NCCPL to collect Capital Gain Tax on for the month of March on 28th April: PSX

NCCPL to collect Capital Gain Tax on for the month of March on 28th April: PSX

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Karachi April 20 2022 The aggregate amount of CGT arising on disposal of shares at Pakistan Stock Exchange for the period March 01, 2022 to March 31, 2022, would be collected on Thursday April 28, 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 March 01, 2022 to March 31, 2022, would also be collected from the Pakistan Mercantile Exchange on Thursday April 28, 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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