The government collected Rs 8.17 billion in capital gains tax (CGT) from share transactions during the first nine months of the current fiscal year, marking a 36.44 percent decline compared to the same period last year.
According to CDS and Clearing Limited, CGT collection had reached Rs 12.86 billion by the third quarter of FY 2024/25. This indicates a drop of Rs 4.68 billion in revenue contribution to the state treasury during the review period.
In the most recent month alone, the government collected Rs 1.73 billion in CGT, nearly three times higher than the Rs 551.58 million recorded in the previous month.
Under existing rules, short-term investors who sell shares within one year of purchase are subject to a 7.5 percent CGT on profits. Long-term investors, who hold shares for more than a year, are taxed at 5 percent.
Institutional investors are required to pay 10 percent CGT on their profits from share transactions, while investments made through mutual funds are exempt from capital gains tax.
