National Clearing Company of Pakistan Limited Archives - AsiaNet-Pakistan

Tag: National Clearing Company of Pakistan Limited

National Clearing Company of Pakistan Limited’s revised NCSS clearing and settlement schedule

January 18, 2013 | Miscellaneous

Karachi, January 18, 2013 (PPI-OT): This is with reference to KSE notice # KSE/N-272 dated January 18, 2013 regarding manager of trading of Friday January 18, 2013 with trading of Monday, January 21, 2013. Accordingly, Clearing and Settlement schedule of the following trade dates has also been revised: Trading Existing Settlement Revised Settlement Trading Existing […]

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

December 26, 2012 | Miscellaneous

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 (“Rules”) and NCCPL Regulations. In this respect, following Procedures, applied on CGT System, are reproducing hereunder in order to provide better understanding of the CGT […]

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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

December 10, 2012 | Miscellaneous

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 to November 30, 2012, to be collected/refund on Tuesday December 11, 2012. In this respect, we would like to remind all Clearing Members that the […]

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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

[ 0 ] November 14, 2012 | Miscellaneous

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 Screen of the National Clearing and Settlement System (“NCSS”). 2. In this respect, we would like to inform you that in order to enhance the […]

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

[ 0 ] September 19, 2012 | Miscellaneous

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; the NCCPL has provided details of CGT computation for trades/transactions executed and settled during the period April 24, 2012 to June 30, 2012 to all […]

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

[ 0 ] September 17, 2012 | Miscellaneous

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 new CGT Regime by the National Clearing Company of Pakistan Limited (NCCPL). In this respect, in order to provide facilitation to Clearing Members, CGT, for […]

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

[ 0 ] January 18, 2012 | Miscellaneous

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 from Monday January 30, 2012, Pre-Settlement Delivery (“PSD”) functionality will be implemented through National Clearing and Settlement System (“NCSS”) whereby CMs will be given an […]

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

[ 0 ] January 18, 2012 | Miscellaneous

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 between the parties through a direct negotiation process without any systematic reporting. Therefore, after the implementation of Bond Automated Trading System for Listed TFCs, it […]

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