Pakistan Capital Brief — Financial Intelligence
Decisive Insights for the Pakistani Investor
In-depth sector analysis, qualitative market intelligence, and investor tools — built for serious Pakistani investors.
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Live gold and silver rates, retirement, SIP and SWP planning, inflation and zakat — built for Pakistan, private by design (your inputs stay in your browser).
Sector Intelligence
Deep-Dives: Energy · Tech · Fertilizers
Structured analysis of Pakistan's highest-conviction sectors — catalysts, key stocks, and performance signals.
Market Pulse
Sector Sentiment Heatmap
Qualitative sentiment across 12 PSX sectors — synthesised from news flow, broker notes, and social signals.
Recommended Learning
Build the Habits That Compound Your Returns
Strategy is teachable in an afternoon. Sticking to it for years is the hard part. Two courses our readers keep coming back to.
Self-Discipline
Udemy · Recommended by Capital Brief
Self-Discipline Hacks
Every strategy on this site — dollar-cost averaging, holding through drawdowns, taking profits on schedule — depends on discipline more than timing. This course builds the habits that keep you at the plan when the market tests you.
Productivity
Udemy · Recommended by Capital Brief
10X SUPERHUMAN Focus
The fastest way to grow a portfolio is often to grow the income funding it. This course is about reclaiming working hours and attention — the raw input behind every SIP contribution and every hour spent on research.
*Check today — Udemy courses are frequently discounted up to 80%. Capital Brief earns a commission on enrolments via these links, at no extra cost to you.
Practical Guide
FY 2025–26PSX Tax Strategy for 2026
Pakistan's capital gains tax regime rewards patient investors and active filers. Here's how to legally minimise your tax burden while compounding your PSX portfolio.
Capital Gains Tax — PSX Rates FY 2025–26
| Holding Period | Filer Rate | Non-Filer Rate | Strategy |
|---|---|---|---|
| ≤ 1 year | 15% | 30% | Short-Term |
| 1–2 years | 12.5% | 25% | Mid-Term |
| > 2 years | 10% | 20% | Long-Term |
Harvest Losers Before June 30
Book losses on underperforming positions before fiscal year-end to offset capital gains. Losses can be carried forward for 3 years.
Hold Beyond 2 Years for 10% CGT
The long-term CGT rate is 10% for filers (vs 15% short-term). For non-filers, the saving is even greater: 20% vs 30%. A 2-year hold cuts your tax in a third.
Become an Active Filer
Non-filers pay double the capital gains tax rate of active filers. Filing your return is free and can save thousands. IRIS portal filing takes under 30 minutes.
Zakat Deduction on Shareholding
Zakat at 2.5% is deducted on the market value of shares held on 1st Ramadan. Shareholders can file CZ-50 exemption if they are non-Muslim or prefer manual payment.
Dividend WHT is Final Tax
Withholding tax on dividends (15% filer / 30% non-filer) is treated as final tax. Factor this into your yield calculations — gross yield vs net yield matters.
Use Retirement Accounts (Pension Funds)
Contributions to Voluntary Pension Schemes (VPS) approved under the VPS Rules 2005 are deductible up to PKR 150,000 or 20% of taxable income, whichever is lower.
📅 Key Tax Dates 2027
⚠ Tax information is for general guidance only. The rates shown are the FY 2025–26 figures; tax rules change with each Finance Act (the latest took effect on 1 July 2026), so confirm current rates with FBR or NCCPL before acting. Consult a qualified tax advisor for personalised advice. Capital Brief is not a licensed tax consultant.
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