The indian authorities plans to release the PAN 2.zero challenge subsequent yr, a vast step closer to simplifying tax-associated services for residents.
This initiative, authorised through the cabinet Committee on financial Affairs (CCEA), has a finances of Rs 1,435 crore and may be evolved and controlled via LTIMindtree, a outstanding IT organisation.
underneath the brand new gadget, all services related to PAN (everlasting Account wide variety) and TAN (Tax Deduction and series Account number), inclusive of applying for a new PAN, updating or correcting information, linking Aadhaar, and on-line validation, might be consolidated onto a unmarried platform. currently, those services are spread across numerous web sites, consisting of the e-filing portal, UTIITSL, and Protean (previously NSDL). PAN 2.0 objectives to replace this fragmented device with a person-pleasant wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital interface.
the brand new system will promote paperless processing, provide quicker shipping of e-PANs, and decorate data safety and grievance redressal mechanisms. right here's what this improve manner for current PAN cardholders and what you ought to understand before PAN 2.0 is going stay.
1. PAN 2.0 WILL MERGE services INTO ONE PLATFORM
presently, PAN services are scattered across a couple of portals. the brand new machine will integrate these types of into a unmarried, person-friendly website.
2. NO want TO REAPPLY FOR present PAN CARD HOLDERS
if you already have a PAN card, you do not need to apply once more. Your contemporary PAN will stay legitimate underneath the new machine.
3. loose PAN UPDATES AND E-PAN delivery thru e mail
beneath PAN 2.zero, updates or corrections to PAN can be made free of value. An e-PAN will be emailed to your registered address.
4. QR CODE TO BE more suitable FOR smooth VERIFICATION
QR codes on PAN playing cards will display updated information directly from the database, improving verification and safety.
5. a part of wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital india AND UNIFIED TAX systems
The upgrade is part of the government's wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital india push. PAN may become a common identification for all wallet PLATFORM' target='_blank' title='digital-Latest Updates, Photos, Videos are a click away, CLICK NOW'>digital government offerings.
nothing, for now. PAN holders can keep the use of their modern-day playing cards. if your PAN does now not have a QR code, you could practice for a reprint in each the present day and new structures. All updates and services will become easier once PAN 2.zero is stay.
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