Sebi and CBDT ease PAN rules for foreign investors

India's securities regulator Sebi and the Central Board of Direct Taxes have relaxed permanent account number compliance requirements for foreign portfolio investors. The changes address concerns over complex onboarding processes. They aim to simplify documentation and support continued foreign investment in Indian markets.

Sebi and the CBDT eased PAN compliance rules for foreign portfolio investors. The move responds to worries about complicated onboarding procedures that had raised barriers for overseas participants.

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