Capital Gains Tax Calculator

CGT on immovable property and securities — FBR Tax Year 2026-27

Provisional rates: Finance Act 2026 has not yet been notified by FBR. Rates shown for 2026-27 are carried forward from Finance Act 2025 as a provisional estimate and will be updated the moment the new Finance Act is published.
Key change 2025-26: Full exemption now applies after 4 years (previously 7 years).
Holding PeriodCGT Rate
Up to 1 year15%
1 – 2 years12.5%
2 – 3 years10%
3 – 4 years5%
4 years or more0% (Exempt)
TypeRate
Listed Securities (held < 1 yr)15.0%
Listed Securities (held 1-2 yrs)12.5%
Listed Securities (held > 2 yrs)0.0%
Unlisted Securities10.0%
Mutual Fund (stock)10.0%

Selling property? See CGT alongside stamp duty and advance tax on the Property Transfer Total Cost Calculator.

Frequently Asked Questions

How long do I need to hold property to avoid capital gains tax?
Under the Finance Act 2025, immovable property held for 4 years or more is fully exempt from capital gains tax, down from the previous 7-year threshold. Rates decline progressively from 15% for property held under 1 year to 0% at the 4-year mark.
Is capital gains tax calculated on the sale price or the gain?
Capital gains tax applies only to your actual gain — the sale price minus your documented acquisition cost and eligible improvement costs — not the full sale price of the asset.
Are capital gains on shares taxed the same way as property?
No. Listed securities follow a separate rate structure based on holding period, generally ranging from 15% for shares held under a year down to 0% for shares held over 2 years, distinct from the property CGT schedule.

Capital Gains Tax (CGT) applies when you sell immovable property or securities in Pakistan at a profit, with the rate scaled to how long you held the asset — a holding-period structure FBR uses specifically to discourage short-term property speculation.

Why holding period is the whole game

Unlike a flat CGT rate, Pakistan's system rewards patience: sell a property shortly after buying it, and the gain is taxed at a materially higher rate than the same gain realized after holding the property for several years, with the rate stepping down at defined holding-period milestones until it eventually reaches a full exemption. Recent Finance Acts have progressively shortened that full-exemption holding period, so a property bought years ago under one rule may qualify for different treatment today than when you originally purchased it — the rule that applies is the one in force at the time of sale, not purchase.

A worked example

Two identical properties bought for the same price and sold for the same profit will owe very different CGT if one is sold 18 months after purchase and the other is sold after the current full-exemption threshold has passed — the holding-period clock, not the profit margin, is what determines which rate bracket applies.

How this connects to your other property or investment decisions

CGT is one component of a much larger cost picture when selling property — pair this with the Property Transfer Total Cost Calculator to see stamp duty, registration fee, and advance tax alongside it. For securities specifically, this calculator also applies the separate CGT schedule for listed and unlisted shares traded on the Pakistan Stock Exchange, which follows different rules from immovable property entirely. If you're deciding whether to sell now or wait, running both the current and a projected future holding-period scenario through this calculator is the single most useful thing you can do before making that call.

Common mistakes

Sellers frequently calculate their holding period from the date they moved in or started using the property, rather than the legal date of acquisition on the sale deed — these can differ by months or years, and using the wrong start date can put you in an entirely different CGT bracket than you actually qualify for.

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