May 2, 2024

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Pakistan Revenue

Tag: Central Depository Company

CDC to facilitate 600 businessmen to receive sales tax refund bonds Central Depository Company
Jun 3
Stock & Commodity, Taxation

CDC to facilitate 600 businessmen to receive sales tax refund bonds

KARACHI: Central Depository Company of Pakistan Limited (CDC) will facilitate 600 businessmen in receiving their sales tax refunds issued by the Federal Board of Revenue (FBR) in the shape of refund bonds. Out of total 600 sales tax refunds claimants, around 200 businessmen have so far opened their CDC accounts. The government has planned to […]

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CDC reduces tariff to support stock market Central Depository Company
May 29
Stock & Commodity

CDC reduces tariff to support stock market

KARACHI: Central Depository Company of Pakistan Limited (CDC) has reduced tariff structure to facilitate public and to support the stock market. As the infrastructure backbone of Pakistan Capital Market, CDC’s main objective is to provide efficient and cost effective services to all its customers and promote ease of doing business. In line to this resolve, […]

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Turkish consul general visits CDC Central Depository Company
Apr 19
Stock & Commodity

Turkish consul general visits CDC

KARACHI: A delegation from the Turkish Consulate General in Karachi, headed by Tolga Uçak, Consul General of Republic of Turkey, and his team visited the Central Depository Company (CDC). Representatives of leading Pakistani corporate and Turkish Businesses in Pakistan attended this event. Moin M. Fudda, Chairman CDC Board of Directors, and Badiuddin Akber, CEO CDC, […]

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CDC freezes shares of Ansari Sugar Mills Central Depository Company
Apr 9
Corporate, Stock & Commodity

CDC freezes shares of Ansari Sugar Mills

KARACHI: Central Depository Company of Pakistan (CDC) on Tuesday frozen ordinary shares of Ansari Sugar Mills following placement of the company on defaulter segment by Pakistan Stock Exchange (PSX). A notification issued by the CDC informed that consequent to placement of Ansari Sugar Mills Limited on the defaulter’s segment by the PSX with effect from […]

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Interloop IPO’s 43pc subscription made through CDC’s electronic system Central Depository Company
Apr 5
Stock & Commodity

Interloop IPO’s 43pc subscription made through CDC’s electronic system

KARACHI: Stock market investors now prefer to use electronic IPO platforms to subscribe for new IPOs. In recent Interloop IPO, 43 percent of total subscriptions (both physical and electronic), or around 80 percent of all electronic subscriptions were made through CDC’s Centralized eIPO System (CES), said a statement issued on Thursday. Central Depository Company (CDC)’s […]

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