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NOTICES
Notice No.   20230626-2   Notice Date   26 Jun 2023
Category   Compliance   Segment   General
Subject   Aadhaar seeding with PAN
Attachments   Press Release - PAN-Aadhaar Linking Extended.pdf ;
Content

To All Members,

This is with reference to Exchange notice no. 20210503-41 dated May 3, 2021, 20210901-46 dated September 1, 2021, 20210930-40 dated September 30, 2021, 20220310-31 dated March 10, 2022, 20220324-56 dated March 24, 2022, 20220330-48 dated March 30, 2022, 20230202-42 dated February 02, 2023, 20230328-77 dated March 28, 2023 ,20230601-22 dated June 1, 2023, and 20230613 -20 dated June 13, 2023 with regards to Aadhaar seeding with PAN.

In this context, Government of India vide its press release dated March 28, 2023 (copy attached), had extended the timeline for linking of PAN with Aadhar to June 30, 2023. The extract of the same is as given below:

“In order to provide some more time to the taxpayers, the date for linking PAN and Aadhaar has been extended to June 30, 2023, whereby persons can intimate their Aadhaar to the prescribed authority for Aadhaar-PAN linking without facing repercussions”.

Once PAN of the non-seeded UCC is seeded, a facility has been provided to upload the same to the Exchange using given below path for verification of Aadhaar seeding and update the status in UCC. Kindly note, the facility will be applicable only when the PAN status is Valid.

Name and path of the file is as below:

UCC àUpdate UCC AADHAAR SEEDING Status

Format to upload the file is as below:

Client Code

It may be noted that the clients whose PAN is linked with Aadhaar as per UCC database on or before June 30, 2023, will be permitted to trade on the Exchange platform w.e.f July 01, 2023.

Further, subsequent to the due date of June 30, 2023, if the PAN-Aadhar linking status is not updated in the Exchange database, then such clients shall neither be permitted to trade w.e.f July 01, 2023, nor will they be able to square up their open positions, until they comply with the aforesaid requirement. Eventually, such open positions will naturally expire on the expiry date of the respective contract.

The Trading Members are hereby advised to specifically monitor the open positions of such clients whose PAN is not linked with their Aadhar and take appropriate measures to ensure compliance with the above.

Trading Members are advised to take note and comply with the above guidelines.

In case of any clarifications, members may contact us on details given as under:

Contact Nos.

022-2272 8435/5785

Email ID

bse.inspection@bseindia.com

 

Trading Members are advised to take note and comply with the above guidelines.

 

For and on behalf of BSE Ltd.

 
 
 
Hiteshkumar Desai                                  Jyoti Thukral
General Manager                                     Senior Manager
Brokers’ Supervision                               Brokers’ Supervision