
Capital markets regulator Sebi and the Central Board of Direct Taxes have eased several PAN-related compliance requirements for foreign portfolio investors (FPIs) after concerns emerged over difficulties in onboarding under the previously notified income-tax rules.
In a statement issued on Friday, Sebi said CBDT has provided multiple clarifications to simplify the PAN allotment process for FPIs following stakeholder feedback on the new Income-tax Rules, 2026 and revised PAN application forms notified in March this year.