Starting July 1, 2025, obtaining a new PAN card will require mandatory Aadhaar authentication. This measure aims to streamline the process, enhance security, and reduce fraud by linking Aadhaar with PAN. The step is part of India’s broader push for Digital India, improving the efficiency of financial transactions and ensuring a secure and integrated identity system.
Tag: Financial Transparency
Indian Funds in Swiss Banks Tripled in 2024, Surging to ₹37,600 Crore
Indian deposits in Swiss banks jumped more than threefold in 2024 to ₹37,600 crore, according to Swiss National Bank data. However, less than 10% belongs to individuals — the surge is largely driven by corporate, institutional, and fiduciary holdings, not black money.
