The Securities and Exchange Board of India (SEBI) has instructed all investors to link their Permanent Account Number (PAN) with their Aadhaar card by 31st March 2023. This is crucial for uninterrupted transactions in the securities market. Failure to link PAN and Aadhaar by the deadline could lead to consequences, including the freezing of folios for investors holding securities in physical form.
SEBI has directed all investors to link PAN with Aadhaar numbers by 31st March 2023 for seamless transactions in the securities market.
SEBI has stated that the deadline for linking PAN with Aadhar Card deadline of 31st March 2023 was given by the Central Board of Direct Taxes (CBDT) vide its cir
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FAQ :
The deadline for linking PAN with Aadhaar is 31st March 2023.
Linking PAN with Aadhaar is mandatory for seamless transactions in the securities market and is a key identification number for KYC requirements.
Investors holding securities in physical form may have their folios frozen if they do not link their PAN with Aadhaar by the deadline.
You can link your PAN with Aadhaar on the official income tax portal: https://www.incometax.gov.in/iec/foportal/
Yes, linking PAN with Aadhaar is mandatory for all investors, including those holding securities in a demat account.