Key regulatory updates for your reference and action in the coming days are highlighted below:
1.Link your Aadhaar with PAN
As per the Income Tax rules, it is mandatory to link your Aadhaar with PAN on or before 30-Jun-2023. To check if they are already linked or to link now, please visit https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar
Please note:From 01-Jul-2023, all financial and service requests will not be processed for a PAN that is not linked with Aadhaar.
2.Nomination for existing individual investors
Providing nomination or Opting-out confirmation has already been mandated and must be with on or before 30-Sep-2023 by either submitting nominee details or by providing Opt-out declaration.
Please click here to conveniently submit nominee details / opt-out declaration using OTP / e-Sign based process. Alternatively, you may submit the duly filled and signed physical form.
I) Nominee form:click here
II) No nominee declaration form:click here
If the required details are not registered within the stipulated timelines, transactions will not be permitted from 01-Oct-2023.
Please Note: If nomination already provided then kindly ignore.