Business News
Home > Business News
SEBI rationalises compliance norms for UCC, PAN
TIWN
TIWN
PHOTO : TIWN
Mumbai, March 10 (TIWN) SEBI on Monday rationalised the compliance norms of collecting and maintaining copies of PAN (permanent account number) of clients by members of the exchanges which have commodity derivatives segment.
The capital market regulator has also enhanced the use of e-PAN.
In the Union budget 2020, launch of instant PAN facility was announced and subsequently, Income Tax (IT) Department launched the facility of e-PAN which is generated instantly through Aadhaar based e-KYC.
Add your Comment
Comments (0)
More Business News
- Trump Administration Removes Tariffs on Over 200 Food Items Including Beef
- Indian media and entertainment sector projected to cross $100 billion by 2030
- Maruti Suzuki India recalls 39,506 Grand Vitara units over fuel indicator fault
- India’s industrial growth at 3.5 pc in July signals healthy recovery: Economists
- AI to unlock $500 billion opportunity for India’s tech services: Report
Special Articles
Sanjay Majumder
Anirban Mitra