Everything You Need To Know About PAN 2.0 And Its New Features

The central government has introduced PAN 2.0, an enhanced version of the Permanent Account Number (PAN) system, with the objective of improving taxpayer services in India. PAN 2.0 is an e-governance project designed to modernise the taxpayer registration process through technology. This updated initiative will involve a complete overhaul of the existing PAN/TAN 1.0 system, simplifying both essential and auxiliary PAN/TAN functions in addition to PAN validation services. "Presently, the PAN related services are hosted on three different portals (e-Filing Portal, UTIITSL Portal and Protean e-Gov Portal). In the PAN 2.0 Project, all PAN/TAN-related services will be hosted on a single unified portal of ITD. The said Portal would host all end-to-end services related to PAN and TAN like allotment, updation, correction, Online PAN Validation (OPV), Know your AO, AADHAAR-PAN linking, verify your PAN, request for e-PAN, request for re-print of PAN card etc. Comprehensive use of technology for paperless processes: Complete online paperless process as against prevailing mode Allotment/updation/correction of PAN will be done free of cost and e-PAN will be sent to the registered mail id," the CBDT in a notification. Watch this to know more.