Ufone Revises 3g Packages Prices And Bandwidth

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All capital gains arising on redemption of units of open ended mutual funds and on trading of future commodity contacts at Pakistan Mercantile Exchange (“PMEX”) are included in CGT Regime of NCCPL, from July 1, 2016. CDC has worked closely with the National Clearing Company of Pakistan on the Computation and Revamping of the Capital Gain Tax regime. CDC collaborates with NCCPL for the provision of CGT data which is calculated under the First In First Out Method. NCCPL receives the data to derive, accumulate and deposit the CGT earned to the national treasury on behalf of all capital market investors. Asset under custody implies the aggregate worth of all securities maintained with the Broker Participant, exclusive of instruments maintained in the House Account and those that are in blocked form. Under a joint initiative undertaken by CDC and Securities and Exchange Commission of Pakistan , a security protocol has been embedded to restrict the number of securities held by Trading Rights Entitlement Certificate Participants .

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