Account Opening Procedure
To invest in stock market, an investor needs to operate a trading account with a registered member of Stock Exchange and CDC Sub – Account, if CDC IAS (CDC investor account under the custody of CDC) is not operated. Following is the procedure for operating the accounts:
The documents required to be submitted by the client are available in the downloads section on the Homepage under Account Services and forms. AHL will make sure that the required documents are submitted by the client before approval for operation of the account can be given (requirement stated by SECP & PSX).
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Annual CGT Fee
Assalam o Alikum
We would like to bring in your kind knowledge that CGT has now been computed, collected & deposited to the government treasury by National Clearing Company of Pakistan Limited (NCCPL). For providing such services the NCCPL has levied CGT fee on different value of trades, according to the following schedule.
||Annual CGT Fee
||Less than PKR. 100,000
||Between PKR. 100,000 to PKR. 5 million
||Between PKR. 5 million to PKR. 10 million
||Between PKR. 10 million to PKR. 50 million
||Between PKR. 50 million to PKR. 100million
||Between PKR. 100 million to PKR. 500million
||Between PKR. 500 million to PKR. 1.0 billion
||Between PKR. 1.0 billion to PKR. 5.0 billion
||If traded value over PKR. 5.0 billion
(as available in NCCPL schedule of fee)
Consequently, the above fee will be charged to the respective client accordingly whenever it will be provided by the withholding agent (bi-annual).
Your understanding is required in this regard, for any query or further understanding you may contact to us through following means;
UAN: +92 21 111 245 111
Tel: +92 21 32415213 - 15, 32460716 - 18
Fax: +92 21 2416072
Letter: Plot No 23, Arif Habib Centre, 2nd Floor, M.T. Khan Road, Karachi - 74000