You can contact us for any query related to IBPS PO, TALATI, UPSC, SSC JE, CGL, CHSL, MTS, Railway, RRB, RRC, BSF, CISF, CRPF, ITBP, NDA, CDS, RPSC or any other exam.


Join Our Whatsapp Group to Get Latest Updates... : Click Here

Join Our Facebook Page to Get Latest Updates... : Click Here

Join Our Telegram Group to Get Latest Updates... : Click Here

Search This Website

Thursday, 10 August 2017

Govt, SEBI mull linking Aadhaar with financial market transactions: Report

According to a report in Economic Times, the government feels that the Permanent Account Number (PAN) may not be enough to plug tax leaks. Top SEBI officials, it said, have also informally favoured making Aadhaar compulsory for stock market investors to transact.

Citing two people privy to the development, the report said that top SEBI executives have informed market intermediaries investors and traders may soon need to provide their Aadhaar details to buy stocks and mutual funds.

“We have been told that making Aadhaar compulsory is in the offing,” the ET report quoted an official as saying.

The timing of the move, however, is still unclear. It is also not clear whether Aadhaar will replace PAN as the sole identification number for financial market transactions, it added.

The government recently mandated that Aadhaar be linked to PAN, bank accounts and mobile phone numbers.

Last week, the government had issued a notification stating that to check of identity fraud, Aadhaar will be required to verify the details of a deceased person before issuing his/her death certificate. The decision comes into effect from October 1



To Get Fast Updates Download our Apps:Android||Telegram

Stay connected with us for latest updates

Important: Please always Check and Confirm the above details with the official website and Advertisement / Notification.

To Get Fast Updates Download our Apps:Android|iOS|Telegram

Stay connected with us for latest updates

Important: Please always Check and Confirm the above details with the official website and Advertisement / Notification.

Our Followers

Popular Posts

Any Problem Or Suggestion Please Submit Here

Name

Email *

Message *

Wikipedia

Search results

Whatsapp