Heading: NCCPL SETS APRIL 30 DEADLINE FOR MARCH CAPITAL GAINS TAX PAYMENT - 2026-04-23
Written by Faisal Shahnawaz KARACHI, April 23, 2026 – National Clearing Company of Pakistan Limited (NCCPL) has announced April 30, 2026 as the deadline for stock brokers and asset management companies to deposit capital gains tax (CGT) for transactions carried out during March. In a circular issued to clearing members (CMs) and asset management companies, NCCPL said the aggregate amount of CGT arising from the disposal of shares at the Pakistan Stock Exchange (PSX) for the period March 1 to March 31, 2026, will be collected through designated settling banks on the specified date. The company instructed all clearing members to ensure that sufficient funds are available in their respective settling bank accounts to facilitate timely tax collection. It added that detailed reports and investor-wise data for the relevant period have already been made accessible through its CGT System. NCCPL also confirmed that CGT liabilities related to the redemption of units of open-end mutual funds…
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