How capital gains tax works in Pakistan
Pakistan split gains by acquisition date in 2024. Property and securities bought from July 2024 pay a flat 15% for filers with no holding taper and no bands.
Older assets keep their holding tables: open plots taper 15% to zero over six years, constructed property and flats reach zero in four to six, and old securities step down to zero for long holds.
Non-filers face slab rates with 15% minimums. Mutual-fund redemptions split 15% equity and 25% debt portions.
Tax rates at a glance
- New flat rate
- 15%Filer
- Split date
- 1 Jul 2024
- Old plot floor
- 0%
- Fund debt slice
- 25%
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
InvestorsCrypto holdersTradersHigh earnersFamily offices
Watch out for
- Acquisition date decides the regime, not sale date. A 2023 plot and a 2025 plot sold the same day face entirely different taxes.
- Old tables reward patience to zero. New-asset holders cannot taper — 15% applies whether held a month or a decade.
- Non-filer minimums match filer flats but climb higher. Slab treatment above 15% punishes off-list sellers.
- Listed shares settle through NCCPL collection. Exchange trades withhold automatically while off-market deals self-report.
Frequently asked questions
Does Pakistan tax capital gains?
Yes, at flat 15% for filers on assets bought from July 2024, with older assets on holding tapers down to zero.
Are old property gains still tapered?
Yes. Pre-July-2024 plots taper 15% to zero over six years and constructed property reaches zero in four to six.
Are mutual funds taxed differently?
Redemptions generally face 15%, split into 15% equity and 25% debt portions by fund mix.