Tag Archives: National Clearing Company of Pakistan Limited

The National Clearing Company of Pakistan Limited’s procedures for computation, determination and collection of capital gain tax (“CGT”)

Karachi, December 26, 2012 (PPI-OT): This is with reference to the implementation of CGT System by NCCPL in accordance with the Income Tax Ordinance, 2001 (“Ordinance”), Income Tax Rules, 2002 [...]

National Clearing Company of Pakistan Limited’s computation, determination and collection of capital gain tax by NCCPL in accordance with the Income tax ordinance, 2001 and rules made thereunder for the period November 01, 2012 to November 30, 2012

Karachi, December 10, 2012 (PPI-OT): This is with reference to our circular NCCPL/CM/December-12/01 dated December 03, 2012 regarding collection/refund of Capital Gain Tax (“CGT”) for the period November 01, 2012 [...]

National Clearing Company of Pakistan Limited’s addition of e-mail, mobile number and national tax number (NTN) fields in unique identification number (UIN) registration screen of NCSS

Karachi, November 14, 2012 (PPI-OT): 1. This is with reference to the existing mechanism of registration of UIN and its Client Codes by Broker Clearing Members (BCMs) through UIN Registration [...]

National Clearing Company of Pakistan Limited’s notice for all clearing members payment of capital gain tax

Karachi, September 19, 2012 (PPI-OT): This is with reference to the implementation of CGT System from September 13, 2012. Since, effective date of new CGT regime is April 24, 2012; [...]

National Clearing Company of Pakistan Limited’s collection of CGT by NCCPL on September 24, 2012

Karachi, September 17, 2012 (PPI-OT): Clearing Members, This is with reference to our notice NCCPL/CM/September-12/04 dated September 12, 2012 regarding the implementation of Capital Gain Tax (“CGT”) System as per [...]

National Clearing Company of Pakistan Limited’s implementation of pre-settlement delivery through NCSS

Karachi: In order to undertake the continuous improvisation in the clearing & settlement processes and to provide facilitation to Clearing Members (“CM”), we are pleased to inform you that effective [...]

National Clearing Company of Pakistan Limited’s implementation of un-listed TFCs reporting system

Karachi: You are well aware of the fact that Un-Listed Term Finance Certificates (TFCs) are constituted major portion of Corporate Debt in Pakistan. Presently these Un-Listed TFCs are traded privately [...]