kindly tell when mentioning of PAN is mandatory in case of investment in securities
In future PAN would be recognized as a national identity card.
.
Investment in mutual fund of Rs.50,000 are also requires to quote PAN.
Hence no question of difference in Rs. 5 lacs or Rs. 10 lacs.
Yes, for on line mutual fund investor from 1.10.2010 , submission of PAN Card has become mandatory
under the "KYC Norms.
thank you sir....kindly also tell that in case of shares when do we require to mention PAN no.
To acquire shares, you can have to open one account with share broker and a D-mat Account with a depository.
In both the cases you are required to submit the PAN card photo copy whether you deal actually in shares or not.
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