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Govt awards Rs 792 crore PAN 2.0 project to LTI Mindtree

Govt awards Rs 792 crore PAN 2.0 project to LTI Mindtree

Economic Times2 days ago
LTI Mindtree has secured a Rs 792 crore contract from the Income Tax Department for the PAN 2.0 project. The project aims to revamp the tax administration system. It will improve identity verification and streamline taxpayer records. Data security and analytics will also be enhanced. The project is expected to be live in 18 months.
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The central government has awarded the PAN 2.0 project of the Income Tax Department to LTI Mindtree Ltd , people familiar with the development said. The total value of the contract is Rs 792 crore.According to sources, the project is targeted to go live within the next 18 months. The award follows the formal approval granted by the Narendra Modi-led Cabinet in November 2024, Reuters reported.The PAN 2.0 initiative is part of a broader overhaul of the tax administration system aimed at improving identity verification , streamlining taxpayer records , and enhancing data security and analytics. The project is also expected to integrate PAN services with various digital platforms and improve user access to PAN-related functions.
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