The market regulator has also mentioned that all the existing investors are advised to ensure linking of their PAN with Aadhaar number prior to September 30, 2021 or any other date specified by CBDT
The Securities and Exchange Board of India (SEBI) has notified that the Permanent Account Number (PAN) of a person allotted as on July 01, 2017 shall become inoperative if it is not linked with Aadhaar by September 30, 2021, or any other date specified by CBDT.
SEBI has mentioned that since PAN is the sole identification number for all transactions in the Securities Market, in view of the said CBDT notification, all SEBI registered entities including Market Infrastructure Institutions (MIIs) should ensure compliance of said notification and accept only operative PAN (i.e., linked with Aadhaar number) by the client while opening new accounts post-September 30, 2021, or any other date specified by CBDT.
The market regulator has also mentioned that all the existing investors are advised to ensure linking of their PAN with Aadhaar number prior to September 30, 2021 or any other date specified by CBDT for continual and smooth transactions insecurities market and to avoid any consequences of non-compliance of said notification on their transactions in securities market.
How to Link PAN-Aadhaar card
First of all, if your account has not been created, then register yourself first.
Visit the Income Tax Department’s e-filing website (www.incometaxindiaefiling.gov.in).
An option will appear on the website ‘Link Aadhaar’, click here.
After login, go to your account’s profile settings.
In the profile setting, you will see the option to link Aadhar card, select it.
Enter your Aadhar Number and Captcha Code in the section provided here.
After filling the information, click on the ‘Link Aadhaar’ option shown below. After this your Aadhaar will be linked.
