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NCCPL to Collect Capital Gain Tax on Monday for the Month of November 2022

admin-augaf by admin-augaf
January 5, 2023
in Business, Finance
Reading Time: 1 min read
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NCCPL to Collect Capital Gain Tax on Monday for the Month of November 2022
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Karachi January 5 2023: The aggregate amount of CGT arising on disposal of shares at Pakistan Stock Exchange for the period November 1, 2022 to November 30, 2022, would be collected on Monday January 9, 2023 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 November 01, 2022 to November 30, 2022 would also be collected from the Pakistan Mercantile Exchange on Monday January 9, 2023. 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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