This platform will handle all PAN and TAN services, including allotment, updates, Aadhaar-PAN linking, correction, online PAN verification and others.
What is PAN 2.0? News In Hindi: What is PAN 2.0? Do you need to change your PAN card? The Government of India has launched the PAN 2.0 project with the aim of modernizing and streamlining the Permanent Account Number (PAN) system. The initiative, led by the Income Tax Department (ITD), was approved by the Cabinet Committee on Economic Affairs (CCEA) chaired by Prime Minister Narendra Modi on November 25, 2024. (What is PAN 2.0? Do you need to change your PAN card )
Under PAN 2.0, the existing PAN system will be upgraded to a single, unified platform, which will integrate services currently spread across multiple portals. Here's everything you need to know about this new system:
PAN 2.0 What is?
The PAN 2.0 project is an e-governance initiative designed to redesign the processes related to taxpayer registration. Its primary objective is to improve the quality of PAN related services by adopting advanced technology. This project integrates all the processes for PAN and TAN (Tax Deduction and Collection Account Number), including allotment, update, correction and verification services.(What is PAN 2.0? Do you need to change your PAN card)
Additionally, PAN 2.0 will provide online PAN authentication and verification services for banks, financial institutions, government agencies and other entities.
PAN 2.0 Main features of
Integrated Platform: PAN-related services, which are currently managed on three separate portals (e-filing portal, UTIITSL portal and Protege e-Governance portal), will now be hosted on a single, integrated platform.(What is PAN 2.0 Do you need to change your PAN card?
This platform will handle all PAN and TAN services, including allotment, updates, Aadhaar-PAN linking, correction, online PAN verification and others.
Paperless Processes: This system will enable a completely online, paperless process for all services, making it more efficient and user-friendly.(What is PAN 2.0? Do you need to change your PAN card)
Free Updates and Improvements: PAN holders can update or correct their PAN details (name, address, date of birth, mobile number etc.) free of cost.
A digital e-PAN will be sent to the registered email ID. For physical PAN card, users can request by paying ₹50 (for domestic delivery) or ₹15 plus actual postal charges (for international delivery).(What is PAN 2.0? Do you need to change your PAN card )
Frequently Asked Questions
1. Do I need PAN 2.0? Need to change your existing PAN card under?
No, existing PAN cardholders do not need to apply for a new PAN under the PAN 2.0 system. Your existing PAN card will continue to be valid.
2. Can I update or correct my PAN details?
Yes. After the launch of PAN 2.0 project, PAN holders can update or correct their PAN details (like name, address, email or mobile number) free of cost. (What is PAN 2.0? Do you need to change your PAN card) Till then, minor changes like change in email or address can be made using Aadhaar-based online facilities through these links:
For other corrections or updates, users can follow the existing procedures online or apply by visiting physical centres, for which a fee may be charged. (What is PAN 2.0? Do you need to change your PAN card)
3. Will I get a new PAN card?
No new PAN card will be issued unless you request for update or correction. The updated details will be reflected in the database, and an e-PAN will be issued.(What is PAN 2.0? Do you need to change your PAN card)
PAN 2.0 benefits of
Ease of Access: A single platform for all PAN and TAN-related services.
User-Friendly Experience: Simplified processes with full online support.
Free Update: No charges for correcting or updating PAN details.
Advanced Technology: A modern system for faster processing and better efficiency.
(What is PAN 2.0? Do you need to change your PAN card)
PAN 2.0 When will it be available?
Although the government has announced the project, the exact timeline for its implementation has not been decided yet. In the meantime, taxpayers can continue to use the existing portal for their PAN related requirements.
PAN 2.0 is a step towards making India's tax system more efficient and accessible, which will ensure better services for taxpayers across the country.
(For more news apart from What is PAN 2.0? Do you need to change your PAN card news in Hindi, stay tuned to Spokesman hindi)
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