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PAN 2.0 to launch next year: All you need to know
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India Today
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The Indian government plans to launch the PAN 2.0 project next year, a significant step towards simplifying tax-related services for citizens. This initiative, approved by the Cabinet Committee on Economic Affairs (CCEA), has a budget of Rs 1,435 crore and will be developed and managed by LTIMindtree, a prominent IT the new system, all services related to PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number), such as applying for a new PAN, updating or correcting details, linking Aadhaar, and online validation, will be consolidated onto a single platform. Currently, these services are spread across various websites, including the e-Filing portal, UTIITSL, and Protean (formerly NSDL). PAN 2.0 aims to replace this fragmented system with a user-friendly digital new system will promote paperless processing, provide faster delivery of e-PANs, and enhance data security and grievance redressal mechanisms. Here's what this upgrade means for existing PAN cardholders and what you should know before PAN 2.0 goes live.1. PAN 2.0 WILL MERGE SERVICES INTO ONE PLATFORMCurrently, PAN services are scattered across multiple portals. The new system will combine all these into a single, user-friendly website.2. NO NEED TO REAPPLY FOR EXISTING PAN CARD HOLDERSIf you already have a PAN card, you don't need to apply again. Your current PAN will stay valid under the new system.3. FREE PAN UPDATES AND E-PAN DELIVERY VIA EMAILUnder PAN 2.0, updates or corrections to PAN can be made free of cost. An e-PAN will be emailed to your registered address.4. QR CODE TO BE ENHANCED FOR EASY VERIFICATIONQR codes on PAN cards will show updated information directly from the database, improving verification and security.5. PART OF DIGITAL INDIA AND UNIFIED TAX SYSTEMSThe upgrade is part of the government's Digital India push. PAN may also become a universal ID for all digital government for now. PAN holders can continue using their current cards. If your PAN does not have a QR code, you can apply for a reprint in both the current and new systems. All updates and services will become simpler once PAN 2.0 is live.- EndsTrending Reel advertisement
India Today
15 hours ago
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PAN 2.0 to go live next year: Will you need a new PAN card?
PAN 2.0 to go live next year: Will you need a new PAN card? | 5 key points PAN 2.0 will unify all PAN and TAN services on one platform Existing PAN cardholders need not reapply as current PAN remains valid PAN updates and e-PAN delivery will be free and sent via email The Indian government plans to launch the PAN 2.0 project next year, a significant step towards simplifying tax-related services for citizens. This initiative, approved by the Cabinet Committee on Economic Affairs (CCEA), has a budget of Rs 1,435 crore and will be developed and managed by LTIMindtree, a prominent IT company. Under the new system, all services related to PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number), such as applying for a new PAN, updating or correcting details, linking Aadhaar, and online validation, will be consolidated onto a single platform. Currently, these services are spread across various websites, including the e-Filing portal, UTIITSL, and Protean (formerly NSDL). PAN 2.0 aims to replace this fragmented system with a user-friendly digital interface. The new system will promote paperless processing, provide faster delivery of e-PANs, and enhance data security and grievance redressal mechanisms. Here's what this upgrade means for existing PAN cardholders and what you should know before PAN 2.0 goes live. 1. PAN 2.0 WILL MERGE SERVICES INTO ONE PLATFORM Currently, PAN services are scattered across multiple portals. The new system will combine all these into a single, user-friendly website. 2. NO NEED TO REAPPLY FOR EXISTING PAN CARD HOLDERS If you already have a PAN card, you don't need to apply again. Your current PAN will stay valid under the new system. 3. FREE PAN UPDATES AND E-PAN DELIVERY VIA EMAIL Under PAN 2.0, updates or corrections to PAN can be made free of cost. An e-PAN will be emailed to your registered address. 4. QR CODE TO BE ENHANCED FOR EASY VERIFICATION QR codes on PAN cards will show updated information directly from the database, improving verification and security. 5. PART OF DIGITAL INDIA AND UNIFIED TAX SYSTEMS The upgrade is part of the government's Digital India push. PAN may also become a universal ID for all digital government services. Nothing, for now. PAN holders can continue using their current cards. If your PAN does not have a QR code, you can apply for a reprint in both the current and new systems. All updates and services will become simpler once PAN 2.0 is live. The Indian government plans to launch the PAN 2.0 project next year, a significant step towards simplifying tax-related services for citizens. This initiative, approved by the Cabinet Committee on Economic Affairs (CCEA), has a budget of Rs 1,435 crore and will be developed and managed by LTIMindtree, a prominent IT company. Under the new system, all services related to PAN (Permanent Account Number) and TAN (Tax Deduction and Collection Account Number), such as applying for a new PAN, updating or correcting details, linking Aadhaar, and online validation, will be consolidated onto a single platform. Currently, these services are spread across various websites, including the e-Filing portal, UTIITSL, and Protean (formerly NSDL). PAN 2.0 aims to replace this fragmented system with a user-friendly digital interface. The new system will promote paperless processing, provide faster delivery of e-PANs, and enhance data security and grievance redressal mechanisms. Here's what this upgrade means for existing PAN cardholders and what you should know before PAN 2.0 goes live. 1. PAN 2.0 WILL MERGE SERVICES INTO ONE PLATFORM Currently, PAN services are scattered across multiple portals. The new system will combine all these into a single, user-friendly website. 2. NO NEED TO REAPPLY FOR EXISTING PAN CARD HOLDERS If you already have a PAN card, you don't need to apply again. Your current PAN will stay valid under the new system. 3. FREE PAN UPDATES AND E-PAN DELIVERY VIA EMAIL Under PAN 2.0, updates or corrections to PAN can be made free of cost. An e-PAN will be emailed to your registered address. 4. QR CODE TO BE ENHANCED FOR EASY VERIFICATION QR codes on PAN cards will show updated information directly from the database, improving verification and security. 5. PART OF DIGITAL INDIA AND UNIFIED TAX SYSTEMS The upgrade is part of the government's Digital India push. PAN may also become a universal ID for all digital government services. Nothing, for now. PAN holders can continue using their current cards. If your PAN does not have a QR code, you can apply for a reprint in both the current and new systems. All updates and services will become simpler once PAN 2.0 is live. Join our WhatsApp Channel
