This research examined the effects of metacognition on procrastination and also investigated how metacognition plays an integral role in the development of procrastination. The study also examines the moderating roles of metacognition and gender on procrastination. The sample was selected by using two-way cluster sampling, i.e., 254 students (74 males and 180 females) from the Islamia University of Bahawalpur. Participants were given the Tuckman Procrastination Scale (Tuckman, 1991) and the Metacognition Questionnaire-30 (MCQ-30) (Wells & Cartwright Hatton, 2004). Results indicated that and metacognition both have a negative correlation with procrastination. In sum, the present findings provide adequate understanding of the relationship between some positive and negative impacts of metacognition on procrastination. The implications of the findings are discussed, and recommendations are taken into consideration for future research.