Inside NCCPL’s Rulebook Shift

The National Clearing Company of Pakistan Limited (NCCPL) has issued proposed amendments to its 2015 regulations, inviting public commentary. These proposals cover revisions to margin structures and broaden access to clearing and settlement mechanisms, notably for digital banks and equity-based Exchange Traded Funds (ETFs).

CGT on PSX share disposals for May 2025 to be collected on July 3

The aggregate Capital Gains Tax (CGT) on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period May 1 to May 31, 2025, will be collected on Thursday, July 3, 2025.

PSX kicks off financial literacy week 2025 with Gong Ceremony

Pakistan Stock Exchange (PSX) proudly launched Pakistan Financial Literacy Week 2025 (PFLW 2025) with a Gong Ceremony...

NCCPL declares OBOY's unpaid right eligible for clearing & settlement

National Clearing Company of Pakistan Limited (NCCPL) declares the unpaid right of Oilboy Energy Limited (PSX: OBOY) eligible for the clearing, settlement...

NCCPL to collect capital gain tax on Apr 3

The aggregate amount of Capital Gain Tax (CGT) arising from the disposal of shares at the Pakistan Stock Exchange (PSX) for the period from February 1 to 28...

NCCPL suspends trading of Arif Habib Corporation shares

The National Clearing Company of Pakistan Limited (NCCPL) has declared the suspension of trading in the shares of Arif Habib Corporation Limited...

NCCPL issues guidelines for clearing members amid bank holiday on March 3

The National Clearing Company of Pakistan Limited (NCCPL) has issued guidelines for Clearing Members (CMs) regarding the use of RMS functionalities provided...

CGT on listed PSX share disposals for January to be collected on March 3

The aggregate amount of Capital Gains Tax (CGT) arising from the disposal of shares at the Pakistan Stock Exchange (PSX) for the period from January 1 to...

NCCPL implements CGT system under regulatory framework

The National Clearing Company of Pakistan Limited (NCCPL), entrusted under the ordinance with computing, determining, collecting, and paying capital gains...

SECP deliberates 3-year plan for capital market development

The Securities and Exchange Commission of Pakistan (SECP) deliberated on the three-year strategic plans of the respective institutions for the development of...

GIS Rental Payment Due on January 24, 2025

The rental payment for Fixed Rental Rate (FRR) and Variable Rental Rate (VRR) Government Ijarah Sukuk (GIS), issued through the primary market auction on...

NCCPL to collect capital gain tax on Dec 31

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange for the period November 1, 2024 to November 30, 2024....

Pakistan paving way for Islamic financial ecosystem: SECP Chief

Pakistan, through holding the international Islamic capital market conference, is paving the way to transition into a sustainable, equitable, and interest...

NCCPL eases MTS rules for IPOs with 6+ month listing history

The National Clearing Company of Pakistan Limited (NCCPL) has introduced certain amendments to regulations related to the Margin Trading System (MTS)...

PSX investors to pay CGT for Oct on Nov 29, 2024: NCCPL

The aggregate amount of Capital Gain Tax (CGT) arising on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period from October 1, 2024...

NCCPL introduces KIS report for NADRA VERISYS customer status

The National Clearing Company of Pakistan Limited (NCCPL) has announced that the necessary provision has been successfully introduced and made available...

NCCPL extends KYC registration deadline to Dec 31

Considering the significant number of investors who have not yet registered in the KYC regime, the National Clearing Company of Pakistan Limited (NCCPL)...

NCCPL schedules fortnightly maintenance

The National Clearing Company of Pakistan Limited (NCCPL) has announced that services will be temporarily unavailable due to scheduled fortnightly...

NCCPL issues reminder for securities brokers’ LC statements

The National Clearing Company of Pakistan Limited (NCCPL) has issued a reminder about the deadline for Securities Brokers and Professional Clearing Members...

PSX investors to pay CGT for August on Oct 08: NCCPL

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange (PSX) from August 01, 2024 to August 31, 2024...

NADRA schedules system upgrade, services to be unavailable for 1 hour

NADRA Technologies Limited (NTL) has announced that a necessary system upgrade for the NADRA system is scheduled for September 28, 2024, from 12:30 AM...

HBL LSE branch closure extended by NCCPL to Sep 30

The National Clearing Company of Pakistan Limited (NCCPL) has extended the deadline for the closure of Habib Bank Limited – LSE Branch, Lahore...

Pak-Qatar Asset Management activates non-broker clearing member account

Pak-Qatar Asset Management has activated its Non-Broker Clearing Member account with the National Clearing Company of Pakistan Limited (NCCPL)...

NCCPL to conduct 2-day business continuity drill on Sep 19-20

The National Clearing Company of Pakistan Limited (NCCPL) will conduct a two-day Business Continuity and Crisis Management drill from Thursday, September 19...

PSX investors to pay CGT for July on Sep 23, 2024: NCCPL

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period from July 01, 2024, to July 31, 2024...

NCCPL issues reminder for securities brokers’ LC statements

The National Clearing Company of Pakistan Limited (NCCPL) has issued a reminder about the deadline for Securities Brokers and Professional Clearing Members...

HBL- LSE branch to exit as settling bank by Sep 24

The National Clearing Company of Pakistan Limited (NCCPL) has notified all Clearing Members to change their Settling Bank from Habib Bank Limited - LSE...

NCCPL extends KYC registration deadline for investors to Oct 31, 2024

Considering the significant number of investors who have not yet registered in the KYC regime, the National Clearing Company of Pakistan Limited (NCCPL)..

Atlas Pension Islamic Fund activates non-broker clearing member account

Atlas Pension Islamic Fund-Equity Sub-Fund has activated its Non-Broker Clearing Member account with the National Clearing Company of Pakistan Limited (NCCPL...

NCCPL welcomes Faysal Islamic, Alfalah Financial Funds as new clearing members

Faysal Islamic Asset Allocation Fund II and Alfalah Financial Value Fund P-I have activated their Non-Broker Clearing Member account with the National...

AWT Financial Sector fund activates non-broker clearing member account

AWT Financial Sector Income Fund has activated its Non-Broker Clearing Member account with the National Clearing Company of Pakistan Limited (NCCPL)...

NCCPL issues capital gain, super tax certificates for 2023-24

The National Clearing Company of Pakistan Limited (NCCPL) has announced today that the Capital Gain Tax (CGT) and Super Tax Certificates for the year 2023-24...

Pakistan stock accounts reach 332,819 as of July

The new unique registered investor base on the Pakistan Stock Exchange was recorded at a notable 8,776 in July 2024...

NCCPL issues deadline for securities brokers’ LC statements

The National Clearing Company of Pakistan Limited (NCCPL) has issued the deadline for Securities Broker and Professional Clearing Members to submit...

PSX investors to pay CGT on July 31: NCCPL

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period June 01, 2024 to June 30, 2024...

Govt cuts capital gains tax for non-filers by 50%

In an unexpected move, the government has slashed the capital gains tax rates for non-filers by half on securities acquired during the last two years...

NCCPL excludes seven companies from MTS

The National Clearing Company of Pakistan Limited (NCCPL) has removed seven securities from the Margin Trading System (MTS) effective August 15, 2024...

CEO Muhammad Lukman departs NCCPL

Muhammad Lukman, CEO of NCCPL, will step down from his position at the clearing house upon the completion of his term, effective July 01, 2024...

NCCPL extends KYC registration deadline for investors to August 31, 2024

Considering the significant number of investors who have not yet registered in the KYC regime, the National Clearing Company of Pakistan Limited (NCCPL)...

NCCPL sets withholding tax of up to 25% on Ijarah Sukuk

The National Clearing Company of Pakistan Limited (NCCPL) has announced the applicable rates for withholding tax...

PSX to merge settlements for late June trades on July 02

The Pakistan Stock Exchange (PSX) has issued a revised clearing schedule for June 2024, as per which there will be a merged settlement on Tuesday...

NCCPL to launch NCC smart CKO portal on May 29, 2024

The National Clearing Company of Pakistan Limited (NCCPL) has announced the launch of the NCC Smart CKO Portal (SCP) on May 29...

PSX investors to pay CGT on May 30, 2024: NCCPL

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period April 1, 2024 to April 30, 2024...

NCCPL launches simultaneous account opening for investors from May 20, 2024

The National Clearing Company of Pakistan Limited (NCCPL) has announced the implementation of the Simultaneous Account Opening facility, a significant....

PSX investors to pay CGT on April 30, 2024: NCCPL

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period March 01, 2024 to March 30, 2024...

PSX set to extend bullish run due to low multiples, rate cuts

The Pakistan Stock Exchange (PSX) is poised to sustain its bullish rally, potentially reaching new record levels due to the current low multiples and...

NCCPL launches pilot run for T+1 settlement cycle implementation

The National Clearing Company of Pakistan Limited (NCCPL) has announced that the pilot run of the T+1 settlement cycle, a shortened settlement cycle...

NCCPL extends KYC registration deadline to June 30, 2024

Considering the significant number of investors who have not yet registered in the KYC regime, the National Clearing Company of Pakistan Limited (NCCPL)....

PSX investors to pay CGT on March 29, 2024: NCCPL

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period February 1, 2024 to February 29, 2024.....

NCCPL issues final reminder for securities brokers’ LC statements

The National Clearing Company of Pakistan Limited has issued a final reminder to Securities Brokers and Professional Clearing Members for the....

NCCPL issues deadline for securities brokers’ LC statements

The National Clearing Company of Pakistan Limited has issued the deadline for Securities Broker and Professional Clearing Members to submit their...

NCCPL to collect capital gain tax on February 29

The aggregate amount of CGT arising on the disposal of shares at Pakistan Stock Exchange (PSX) for the period January 01, 2024, to January 31, 2024, would...

NCCPL introduces Margin Financing System Rollover Facility from February 26

The National Clearing Company of Pakistan Limited (NCCPL) has announced the implementation of the Margin Financing System (MFS) Rollover Facility....

NCCPL to collect capital gain tax on January 30

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange for the period December 01, 2023, to December 31, 2023...

Securities market operations to improve with T+1 settlement: NCCPL

 The transition to a shorter settlement cycle of T+1 from the existing T+2 settlement cycle will add significantly towards further enhancing...

KYC registration deadline extended to March 31, 2024

Considering the significant number of investors who have not yet registered in the KYC regime, therefore, timeline for registering existing..

PSX investors to pay CGT on December 29, 2023: NCCPL

The aggregate amount of Capital Gains Tax (CGT) arising from the disposal of shares at the Pakistan Stock Exchange for the period November 01, 2023..

PSX investors to pay CGT on October 31, 2023: NCCPL

The aggregate amount of CGT arising on the disposal of shares at the Pakistan Stock Exchange (PSX) for the period September...

NCCPL updates list of SLB eligible securities for short selling

The National Clearing Company of Pakistan Limited (NCCPL) has issued its quarterly review of securities eligibility for securities lending and borrowing (SLB)..

NCCPL extends deadline for KYC registration of existing customers till December 31

The National Clearing Company of Pakistan Limited (NCCPL) has further extended the date for registering existing customers in the KYC database....

NCCPL extends IDS hours for MSCI event

The National Clearing Company of Pakistan Limited (NCCPL) has announced that it will extend the hours of its International Deliverable Securities (IDS)...

NCCPL extends deadline for KYC registration of existing customers till September 30

The National Clearing Company of Pakistan Limited (NCCPL) has issued a reminder to all authorized intermediaries (AI) to register their existing customers under

NCCPL revises trading, settlement schedule on account of Eid-ul-Adha

National Clearing Company of Pakistan Limited (NCCPL) has issued the revised trading & settlement schedule as declared by the Government of Pakistan on...

NCCPL assures PSBA of timely tax computation, loss adjustment

The National Clearing Company of Pakistan Limited (NCCPL) has assured the Pakistan Stock Brokers Association (PSBA) that it is taking all possible measures t...

CDC, NCCPL to conduct joint “Business Continuity and Disaster Recovery” exercise tomorrow

CDC, NCCPL to conduct joint “Business Continuity and Disaster Recovery” exercise tomorrow

CGT on disposal of shares to be collected on April 8

CGT on disposal shares to be collected on April 8

Clover Pakistan placed on PSX’s defaulter segment

Clover Pakistan placed on PSX’s defaulter segment

NCCPL to collect CGT on Nov 19

NCCPL to collect CGT on Nov 19

NCCPL to collect capital gain tax on Sept 24

NCCPL to collect capital gain tax on Sept 24

NCCPL defers implementation of approved amendments in MF system

NCCPL defers implementation of approved amendments in MF system

MF facility on T+1 to be available from Sept 13

MF facility on T1 to be available from Sept 13

PSX’s shareholding in NCCPL increased to 49.71%

PSXs shareholding in NCCPL increased to 49.71

NCCPL notifies amendments in CGT

NCCPL notifies amendments in CGT

Meezan Bank and NCCPL Join Hands for New Shariah-Compliant Products for Capital Markets

Meezan Bank and NCCPL Join Hands for New Shariah Compliant Products for Capital Markets

Citi Pharma to raise up to Rs2.8billion in IPO

Citi Pharma to raise up to Rs2.8billion in IPO

NCCPL amends regulations to improve liquidity, enhance trading capacity

NCCPL amends regulations to improve liquidity, enhance trading capacity

NCCPL computes capital gain tax to facilitate clearing members

NCCPL computes capital gain tax to facilitate clearing members

Implementation of close out mechanism in DFC Market will remain postponed: NCCPL

Implementation of close out mechanism in DFC Market will remain postponed NCCPL

Implementation of close out mechanism in DFC Market will remain postponed: NCCPL

Implementation of close out mechanism in DFC Market will remain postponed NCCPL

Weekly Market Roundup

Weekly Market Roundup

Weekly Market Roundup

Weekly Market Roundup

Weekly Market Roundup

Weekly Market Roundup

Amendments in CGT System have been incorporated as per Finance Act 2020

Amendments in CGT System have been incorporated as per Finance Act 2020

NCCPL starts disbursement of 50% retained profit from May 11

Disbursement of 50 retained profit starts from May 11 NCCPL

NCCPL places Summit Bank on Defaulters' segment

NCCPL places Summit Bank on Defaulters segment

PSX to implement Index-Based Market Halt from January 20

PSX to implement Index-Based Market Halt from January 20

NCCPL reviews securities eligible for SLB MTS and MES

NCCPL reviews securities eligible for SLB MTS and MES

Corporate Alert: NCCPL allow Macter International (MACTER) to be traded in KSE-100

Corporate Alert: NCCPL allow Macter International (MACTER) to be traded in KSE-100

NCCPL reviews securities for inclusion and exclusion in Securities Lending and Borrowing and Margin Financing System (“MFS”)

NCCPL issues timeframe for Employee Registration in UIN Database

NCCPL: Amendments Made Through the Finance Act 2017

NCCPL declares ITTEFAQ IRON INDUSTRIES LIMITED (ITTEFAQ) eligible for clearing and settlement

Listing of Ittefaq Iron industries limited

Modifications made in Margin Financing System by NCCPL