The total CGT collected includes Rs 1.20 billion from long-term investors and Rs 1.76 billion from short-term investors.
Interestingly, the government has already collected the equivalent amount of CGT of the last FY in the seven months of the current FY. According to the Central Depository System (CSDC), the government has already collected Rs 2.78 billion in CGT by the month of Magh. The amount collected is 76.11 percent more compared to Rs 1.58 billion of the corresponding period of the last FY. CDSC estimates that, if the trend continues, the CGT paid by stock investors may increase up to Rs 3 billion in the current FY.
Monthly wise also, the CGT collected by the government is increasing. The government collected 30.66 percent more CGT in the month of Magh compared to Poush. It collected Rs 740 million CGT in Poush which increased to Rs 970 million in Magh.
However, in Magh, the CGT paid by long-term investors declined to Rs 163.1 million from Rs 172.8 million of Poush.
Meanwhile, the CGT paid by short-term investors increased by 44.94 percent. The short-term investors paid Rs 525.4 million CGT in Poush which increased to Rs 741.3 million in Magh.
Likewise, the CGT paid by institutional investors also increased by 44.94 percent to Rs 67.4 million in Magh compared to Rs 16.5 million in Poush.
