Aadhaar and Pan is required for demat account for buying mutual funds and shares of companies. If you don't give them aadhaar, then while buying anything, your buys will be on hold or cancelled for lack of aadhaar. This was made mandatory a year or two back or so for any amount instead of the previous 5000 amount Manmohan had set. The demat account name should match your aadhaar name too.
I think its for IT guys to snoop on what people buy etc.
This was the case BEFORE the judgement came out.
https://www.business-standard.com/a...stors-here-s-a-quick-take-118092600978_1.html
Since I-T returns and
PAN must be linked to the biometric ID, this means a one-to-one correspondence for every investor since
PAN is mandatory for all KYC. However,
it will not be necessary to link Aadhaar directly to trading accounts, or demat, or mutual fund folios or bank accounts.Indeed, the whole concept of e-KYC will have to revisited.
Any way soon i will find out as i intend to press this point.
I wrote a long answer to your post, but you know what, I don’t know you and I don’t think I should waste anymore time in trying to get you to see that other people can have a view as well without being wrong or right. You have your reasons to support Raga or whoever and I have mine to support whomever I want. You guys can sit and discuss this all day but you fail to realise that others can have their own choices for their own reasons.
Don't give up, they couldn't handle me and in the end surrendered by ignoring me. But i don't ignore them and can slice and dice whatever they say
You have a bunch of guys here who have a chronic complaining problem. Incapable of seeing anything positive. Over a period of time the impression is created that we are forever failing at anything we try. We are doomed according to these people. In a more cynical way, this is nothing more than attention seeking.
They can't think, they cannot figure things out, they just whine. Its all emotional reaction.
The kicker is it isn't partisan when the last govt was in charge the same complaining still went on. If you appear knowledgeable then you are either a slave, a bhakt, paid troll etc etc
This is what too much social media and not enough reading does to the mind.
I have no problems with dissent but the way its expressed here decreases the signal to noise ratio. The net result is it drives people WHO KNOW MORE from posting.
yes when everything else failed and they don't have any valid argument they resort to "what bout" politics.
few peoples/mostly online their perception is like this image:
because is there a better alternative ?
In ground reality, this government has stopped broadcasting many data about many things, such as job opportunity, etc which will expose their reality on ground. changed many factors and the way something was calculated to show them in good light, example the way GDP was calculated.
Honestly, now a days when RaGa appear in TV screen i feel happy (funny scene) and expect a funny moment from him. i watch him for entertainment. but the moment modi come in screen, he only cursing others ( a disgusting feeling for me) i change the channel as quickly as possible he spread negativity nothing else.
regardless what others says, my experience after talking to real people across all length and breath of real life, don't look anything in favour of this govt.
- Farmers wont vote for BJP.
- Businessman wont vote (Except ambani - class businessmen, everyone else is F*cked really hard)
- Shopkeepers wont vote for BJP
- Salaried class wont vote BJP
- Any middle class wont vote BJP
- Any labour class wont vote for BJP
- Any Govt employees wont vote for BJP (teachers and railways employees in particular).
People who would vote for BJP:
- Illiterate (non-educated) class (brainwashed easy due to their lack of knowledge)
- Ultra poor class who will caste their vote for a bottle of alcohol, or 500/- ( 500 is a huge money for them and can feed them for a month).
- Ultra-rich business class / bureaucrats who was benefited by this govt.
- Disciples of Baba Ramdev
- Followers of RSS (a fraction of it, not all )
People have to realise there are "real people" out there in real world apart from internet people and paid trolls. they might create 100000 troll account across internet but in reality they have only one vote to count.
It would be interesting to see how much Amith Shah can buy this time.
And Modi is never gonna win any seat in UP this time i can guarantee that.
People who vote for BJP ?
Urban, educated and middle class.
In the last election the aspiring class. Lots of young people. Which party will give them the best future.
The problem is urban is only 30-40%. Urban is treated like an ATM by all parties. The politics happens in the country ie rural in the villages etc
If rural isn't doing well then urban gets screwed no matter how good a leader is.
And so voting participation in the cities is lower than in the country. Urban don't think the govt represents them or even cares.
This is an interesting video on the Chinese digital social credit system which is currently running as a pilot program. Dissent against the govt and you will be practically forced on to the streets. You will not be allowed to book train or flight tickets for travel and will not find any rented accommodation and there will be nothing you can do about it. And much like India, there are many supporters for this with their heads struck up their behinds.
This is where we are really headed with Aadhaar too under BJP in step by step manner.
Also, one quote from this video is so apt for how some people in our country behave.
View attachment 76939
Agree, that's the root of my opposition to this scheme. It encourages authoritarianism.
For a lot of people this is too far fetched a scenario to even imagine. How can it possibly happen in India.
Bit by bit. If the tools to oppress are present then they will be used.
This then puts you in the absolutist camp. No aadhar at all. An untenable position unfortunately.
I see the supreme courts ruling as positive in arresting this slide however temporarily
