Sebi asks investors to link PAN with Aadhaar by March 31
时间:2024-06-17 07:18:06 阅读(143)
Capital markets regulator Sebi on Wednesday asked all investors to link their PAN with Aadhaar number by March-end for continual and smooth transactions in the securities market.
The non-compliance with this would be considered non-KYC compliant, and there could be restrictions on securities and other transactions until the Permanent Account Number (PAN) and Aadhaar are linked, Sebi said in a statement.
Also read: Markets Wrap – Wed, 8 Feb ‘23: Nifty, Sensex rise, rupee falls; Asia, US markets, Gold, Crude updates
“Since PAN is the key identification number and part of KYC requirements for all transactions in the securities market, all Sebi registered entities and Market Infrastructure Institutions (MIIs) are required to ensure valid KYC for all participants.
“All existing investors are required to ensure linking of their PAN with Aadhaar number prior to March 31, 2023, for continual and smooth transactions in the securities market and to avoid consequences of non-compliance with the said CBDT circular,” the Securities and Exchange Board of India (Sebi) said.
Also read: Petrol and Diesel Rate Today, 8 March: Fuel prices unchanged; Check rates in Delhi, Mumbai, other cities
The provisions of the Income-tax Act make it mandatory for every person who has been allotted a PAN to intimate his/her Aadhaar number to the prescribed authority so that the Aadhaar and PAN can be linked. This is required to be done on or before the notified date, failing which the PAN would become inoperative.
猜你喜欢
- 15 states, 66 days, 6,700 km- Congress lays down roadmap for ‘Bharat Jodo Nyay Yatra’
- Share Market Highlights- Nifty settles under 19400, Sensex ends flat; Adani Ent jumps 2%, metal stocks shine
- Asian stocks, US futures inch up as markets sentiment helped by China; Hang Sang index up 2%
- Share Market Highlights- Nifty closes below 17000, Sensex tanks 340 pts; Bank Nifty settles below 39100, Adani stocks gain
- Share Market Highlights- Nifty closes below 17050, Sensex tanks 330 pts; Bank Nifty settles below 39450, Adani stocks plunge
- Ayodhya Railway Junction adopts ‘Treta Yug’ aura ahead of PM Modi’s visit! Lord Ram’s murals, Nagara architecture, and more set to mesmerise pilgrims
- SGX Nifty up, Rupee at new low, Q4 results, CPI at 8-yr high, Delhivery, Prudent IPOs; key things to watch out
- Azad Engineering IPO opens on December 20, at Rs 499-524 per share; Check the key details of public offering
- Share Market Highlights- Bulls push Sensex 547 pts higher, Nifty ends at 16641; Sun Pharma, SBI top gainers