SEBI has urged mutual fund investors to link their Aadhaar and PAN by March 31, 2023, to avoid disruptions in all capital market transactions, including mutual fund transactions. According to SEBI, under the provisions of the Income-tax Act, 1961, it is mandatory for individuals who have been assigned a Permanent Account Number (PAN) to inform the prescribed authority of their Aadhaar number and link the two before the notified date, failing which the PAN will become inoperative.

SEBI has instructed all current investors to link their PAN with their Aadhaar number before March 31, 2023, to ensure the smooth continuation of securities market transactions and avoid non-compliance consequences.

To link their PAN and Aadhaar, clients can visit incometaxindiafiling.gov.in, UTIITSL or NSDL’s e-gov website.

You can visit incometaxindiafiling.gov.in
Alternatively, you can also visit https://www.utiitsl.com/ OR https://www.egov-nsdl.co.in/ to link their PAN and Aadhaar.