While a common investor has to fill up several KYC (know your customer) forms, provide PAN number and proof of address, etc, a P-Note investor can invest anonymously.
This makes it a ‘legal’ way to route unaccounted wealth in Indian equities, thus feeding the black money monster.
 forms, provide PAN number and proof of address, etc, a P-Note investor can invest anonymously.){kind=link}
 forms, provide PAN number and proof of address, etc, a P-Note investor can invest anonymously.&description=&image=https://thetaxtalk.com/wp-content/uploads/2021/03/Untitled-3213.jpg){kind=link}