Capital gains tax calculator for PSX shares
How much tax you pay when you sell shares at a profit, by when you bought them and whether you are on FBR's Active Taxpayer List.
Brokerage and fees lower the gain
| Bought for | Rs 100,000 |
|---|---|
| Sold for | Rs 130,000 |
| Capital gain after charges | Rs 30,000 |
| CGT rate | 15% |
| Capital gains tax | Rs 4,500 |
| You keep | Rs 25,500 |
Bought on or after 1 July 2025, on the Active Taxpayer List: 15%, however long you hold.
NCCPL works out and collects this tax through your broker every month, so most investors do not pay it by hand. Super tax may apply on top for very large incomes.
CGT rates on listed shares (tax years 2026 and 2027)
| Shares bought | Filer (ATL) | Non-filer |
|---|---|---|
| Before 1 Jul 2013 | 0% | 0% |
| 1 Jul 2013 to 30 Jun 2022 | 12.5% | 12.5% |
| 1 Jul 2022 to 30 Jun 2024 | 15% (under 1 yr) falling 2.5 points a year to 0% after 6 yrs | Same table (check with your adviser) |
| 1 Jul 2024 to 30 Jun 2025 | 15% | 30% |
| From 1 Jul 2025 | 15% | 15% deducted by NCCPL; final tax at your slab rate, minimum 15% (companies 29%) |
The Finance Act 2026 (in force from 1 July 2026) kept the 15% filer rate. It also removed a Tenth Schedule exclusion, which advisers read as raising the rate for people not on the Active Taxpayer List; if you are a non-filer, becoming a filer is usually the single biggest tax saving.
Dividends are taxed separately when paid: 15% for filers and 30% for non-filers on most shares (see the FBR withholding card). More in our guide to tax on shares in Pakistan, and work out trading costs with the brokerage calculator.
Sources (checked 7 October 2026)
- KPMG: Pakistan capital gains tax update, Finance Act 2025
- FBR: Finance Act 2026 (gazette, in force 1 July 2026)
- FBR: Withholding tax rates card 2026-27
- NCCPL circular on CGT collection (via PSX)
Check with your tax adviser. Rules change with every Finance Act and your own case may differ. This is an estimate for planning, not tax advice.