The PAN 2.0 Project, initiated by the Income Tax Department, has been approved by the Cabinet Committee on Economic Affairs (CCEA). This ambitious project aims to digitise and upgrade the management systems for PAN and TAN, making them more accessible and efficient for users.
The revamped system is designed to offer enhanced service efficiency, stronger grievance resolution mechanisms, and improved data security. Users can look forward to simplified online applications, seamless updates, and convenient digital PAN validation.
Existing PAN cardholders need not worry about reapplying under this new scheme. Union Minister Ashwini Vaishnaw confirmed during the Cabinet briefing that the updated PAN cards, featuring advanced features like QR codes, will be provided at no additional cost to taxpayers.
WHAT IS PAN 2.0?
The PAN 2.0 Project is an electronic governance initiative by the Income Tax Department, designed to modernise PAN and TAN services. It aims to consolidate all processes, including allotment, updates, and corrections, into a unified system, making it easier for users to access and manage their PAN details. The project also incorporates online PAN authentication and validation services for financial institutions, banks, and government bodies at all levels.
DO YOU NEED TO APPLY FOR A NEW PAN CARD?
Existing PAN cards remain valid under the PAN 2.0 system. No reapplication is necessary. However, you can update or correct your details if needed.
WILL YOUR PAN NUMBER CHANGE?
Your PAN number will stay the same unless you request any updates or corrections.
HOW TO UPDATE YOUR PAN DETAILS?
If you need to update your PAN details, such as your name, date of birth, email, or address, you can do so for free through Aadhaar-based online services. Alternatively, updates can also be made through paid options. Visit the following links for Aadhaar-based updates:
- – [NSDL PAN services](https://www.onlineservices.nsdl.com/paam/endUserAddressUpdate.html)
- – [UTI PAN services](https://www.pan.utiitsl.com/PAN_ONLINE/homeaddresschange)
WILL OLD PAN CARDS WORK WITHOUT A QR CODE?
Yes, old PAN cards remain valid. However, the new PAN 2.0 cards include a dynamic QR code that provides updated information when scanned, making the process more efficient.
WHAT IS THE PURPOSE OF QR CODE?
The QR code on the new PAN cards validates your PAN details and displays important information, such as your name, date of birth, and photograph when scanned with a compatible reader.
WILL NEW PAN CARDS BE DELIVERED AUTOMATICALLY?
No, new PAN cards will only be issued if corrections or updates are requested.
WHAT IS A COMMON BUSINESS IDENTIFIER?
For businesses, the PAN will act as a unified identifier across various government agencies, simplifying interactions with these entities.
WILL DUPLICATE CAN CARDS BE DEALT WITH?
Under the Income Tax Act, 1961, individuals are prohibited from holding multiple PAN cards. The upgraded PAN 2.0 system will better identify and deactivate duplicate PAN cards, ensuring compliance with the law.
UNIFIED PORTAL FOR PAN AND TAN SERVICES
The PAN 2.0 Project consolidates all PAN and TAN services, including applications, allotments, updates, and corrections, into one unified platform. This will reduce delays and streamline the entire process.