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NCCPL to collect CGT for August on 29th

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National Clearing Company of Pakistan Limited (NCCP) has said that it will collect capital gain tax (CGT) for the month of August 2021 on Friday (October 29).

In a communication sent to Pakistan Stock Exchange on Wednesday, the NCCPL said that the aggregate amount of CGT arising on disposal of shares at Pakistan Stock Exchange for the period August 01, 2021 to August 31, 2021, would be collected on October 29, 2021 through respective settling banks of the clearing members.

The NCCPL advised all clearing members to ensure the requisite amount in their respective settling bank’s account. Necessary details and reports for the period have already bee made available in the CGT System. . —TLTP

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