Aadhaar may become mandatory for buying Shares ...

Aadhaar may become mandatory for buying Shares and MFs.

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Deal Captain
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Aadhaar may soon become mandatory for buying shares and mutual funds. The government and the Securities and Exchange Board of India ( Sebi ) are planning to link Aadhaar to financial market transactions to try and curb sharp practices such as conversion of black money into white through the stock market.

More INFO : http://economictimes.indiatimes.com/markets/sto...

There is no escaping from this! We’re coming to an era of over-the-hood mass surveillance conducted by the Government.

2 Comments  |  
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Deal Subedar
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They will link adhaar for everything except the main purpose for which it should have been linked first i.e. for Casting of Votes. They know then maximum voters would get eliminated as bogus voters.

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Deal Subedar
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once they have linked PAN to Aadhar. it is by default linked since you need PAN to purchase MF or shares!

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