Pakistan Proposes 15% Fixed Capital Gains Tax on Stock Trading

The government proposes 15% fixed capital gains tax on sale of shares for tax filers regardless of holding period, Finance Minister Muhammad Aurangzeb says in his budget speech.

• Proposes up to 45% tax on shares held by non-tax filers
• Suggests 15% capital tax on immovable property for all holding periods; up to 45% for non-tax filers
• Move to help government document economy, end speculation from housing sector and make houses affordable
• Below table is the current tax rates on stock trading

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Ismail Dilawar in Karachi at mdilawar@bloomberg.net

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