NCCPL to collect CGT

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Staff Reporter

Karachi

National Clearing Company of Pakistan Limited on Wednesday announced to collect capital gain tax for month of June 2020 on July 30, 2020.
The NCCPL in a statement said that the aggregate amount of CGT arising on disposal of shares at Pakistan Stock Exchange for the period June 01, 2020 to June 30, 2020, would be collected on Thursday July 30, 2020 through respective settling banks of the clearing members, along with refund or adjustments on the basis of amount collected up to previous month.
All Clearing Members are advised 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, the NCCPL said.

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