PAN 2.0 tax platform: Digital diligence please
Mint Editorial Board LMIMindtree won the contract for this taxpayer identity system's digital upgrade. Let's hope lessons were learnt from the rushed GST rollout. PAN 2.0 should be pre-tested well. Various portals for PAN-related services are to be unified, with an emphasis on making them user-friendly and easing digital processes. Gift this article
Software company LTIMindtree has reportedly won the Income Tax Department's contract for its PAN 2.0 project, which aims to upgrade India's Permanent Account Number (PAN) system for taxpayer identification.
Software company LTIMindtree has reportedly won the Income Tax Department's contract for its PAN 2.0 project, which aims to upgrade India's Permanent Account Number (PAN) system for taxpayer identification.
From the design and development of PAN 2.0 as a platform to its operation and upkeep, the Mumbai-based firm will serve tax authorities as a 'managed service provider." Also read: Profiteering worries cast cloud over GST cuts
Various portals for PAN-related services are to be unified, with an emphasis on making them user-friendly and easing digital processes, but without asking PAN card holders to get fresh ones issued.
While taxpayers can look forward to this platform's rollout, scheduled within 18 months, it's vital to minimize any scope for user dissonance that may arise from a rushed job.
Speedy reforms are welcome, but not at the cost of digital diligence. At one time, the hope was that Aadhaar would subsume PAN. Topics You May Be Interested In Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
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