This notification outlines the process for obtaining a Permanent Account Number (PAN) using the Common Application Form (CAF). It specifically covers Foreign Portfolio Investors (FPIs) and their registration with SEBI through the Department of Economic Affairs. The procedure also includes Know Your Customer (KYC) requirements for opening bank and Demat accounts.
Procedure of PAN allotment through Common Application Form (CAF) along with registration of Foreign Portfolio Investors (FPls) with SEBl under Department of Economic Affairs and KYC for opening Bank and Demat Account.
Download full notification from here
FAQ :
The notification details the procedure for PAN allotment using the Common Application Form (CAF), particularly for Foreign Portfolio Investors (FPIs) registering with SEBI and completing KYC for bank and Demat accounts.
This procedure is for Foreign Portfolio Investors (FPIs) who need to obtain a PAN and register with SEBI.
PAN allotment is done through the Common Application Form (CAF).
The notification also covers registration of FPIs with SEBI under the Department of Economic Affairs and the KYC process for opening bank and Demat accounts.
Guest
Notification No : 11/2020Published in Income Tax
Source : https://www.incometaxindia.gov.in/communications/notification/notification_11_2020.pdf