Soon You May Need Aadhaar For Trading In Stock Market

Posted By:
Subscribe to GoodReturns
For Quick Alerts
ALLOW NOTIFICATIONS  
For Daily Alerts

    After making Aadhaar compulsory for many schemes and projects, the government now plans to make it mandatory for stock market investors. Aadhaar may soon become mandatory for buying shares and mutual funds.

    The move is to protect the investors from bad trading practices and conversion of black money through the stock market. It has been suspected that the practice of tax evasion and converting un accounted money into white money are taking place through stock markets. 

    Soon You May Need Aadhaar For Trading In Stock Market

    The government recently mandated that Aadhaar to be linked to PAN, bank accounts, and mobile phone numbers. The deadline for existing bank account holders to link their Aadhaar card details with the bank account is December 31. Now You Need Aadhaar For These 14 Things

    From getting the driving license to avail free mid-day meals, the government is making Aadhaar card mandatory for many things. There is also reports that soon people need to link Aadhaar with Voter ID person for several electoral purposes. How To Link PAN With Your Aadhaar Quickly?

    Goodreturns.in 

    Read more about: aadhaar stock market
    Story first published: Thursday, August 10, 2017, 14:57 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    Get Latest News alerts from Goodreturns

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more