important points on PAN-Aadhaar link & associated actions:

❗ PANs which are not linked to Aadhar, would be come inoperative with effect from 1st July 2023

❗ *Few important points on PAN-Aadhaar link & associated actions:*

*Transaction type:*

Physical / Online/Exchange Transactions

❌Prospect Folio - Not allowed

❌Fresh Purchase - Not allowed

❌Additional Purchase - Not allowed

❌Redemption - Not allowed

❌Switch - Not allowed

❌Transfers - Not allowed

❌IDCW - Higher TDS & pay-out will be moved to unclaimed scheme

❌Systematic Registration/ Systematic Triggers - Not allowed

❌Systematic Transfers - Not allowed

❌Non -Financial Transactions - Not allowed

*Following categories (PAN as per IT Records) are exempted from Aadhaar-PAN linking :*

(i) NRIs

(ii) Not a citizen of India

(iii) age > 80 years as on date

(iv) state of residence is ASSAM, MEGHALAYA or JAMMU & KASHMIR

*PAN🔁AADHAR Link*👇

https://eportal.incometax.gov.in/iec/foservices/#/pre-login/bl-link-aadhaar

- Team Union MF

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