TIOL-DDT 603 · Monday, 30 April 2007 · story 5 of 9
PAN to be the sole identification number for all transactions in the securities market - SEBI instructions
By Vijay Kumar
The Finance Minister had in his Budget proposed to make the Permanent Account Number (PAN) to be the sole identification number for all participants in the securities market. The SEBI has issued instructions to the stock exchanges, depositories and intermediaries to put this in force from the 2nd of July, 2007.