Demat Account: The last date for nomination in demat account has been extended to 30 September 2023

Demat Account: The last date for nomination in demat account has been extended to 30 September 2023 and now the last date for mutual funds has also been fixed till 31 March!

 SEBI i.e. Security Exchange Board India has extended the last date for nomination of demat account till 30 September 2030, earlier its date was till 31 March. That is, now demat account holders can nominate. That is, there is a chance from SEBI that if you have not nominated your demat account, then you can do so in the coming 6 months, otherwise your account may become dead.

 Last date for nomination in mutual funds!

 SEBI has so far extended the last date for demat account till September 30, but still the last date for nomination in mutual funds has been kept till March 31, if you do not make nomination in your account till March 31, then your account can be dead. Is.

 Link Aadhaar PAN.

 The Central Board of Direct Taxes is taking ₹ 1000 as a late fee for linking Aadhaar with PAN from June 30, 2022 and you have not yet linked Aadhaar to PAN, then you have to do so by March 31, 2023, then you can activate PAN. Will be done.

 These will be the problems if the PAN card becomes inactive.

 Gold worth more than Rs 1.5 lakh cannot be bought.

 2. Banks will not be able to deposit and withdraw more than 50 thousand.

 3. Tax return cannot be filed if the PAN card is inactive.

 4. There will be problem in any kind of financial transaction.

 5. Will not be able to invest in mutual funds or financial schemes.

 There will also be problems in taking advantage of 6. government schemes.

 How to add nominee in demat account.

 First login to your demat account and then click on My Nominee for processing, after that now go to Add Nominee and select your nominee and after filling his/her details, upload his/her ID proof.

 You also have the facility to have more than one nominee on this site. Therefore, after selecting the nominee, you can enter his document and then you enter your Aadhaar number and OTP will come on your mobile, after which you can sign it and in this way your nominee will be selected.