New QR Code PAN Card:- The Income Tax Department’s PAN 2.0 Project, which required a financial investment of Rs. 1,435 crores was approved by the Cabinet Committee on Economic Affairs (CCEA) on November 2,5 2024. However, to establish a completely online and paperless system in India this initiative intends to update the PAN card with a QR code. Moreover, you can learn everything you need to know about the PAN 2.0 project PAN card 2.0 attributes PAN card 2.0 QR code PAN card 2.0 application,n and PAN card 2.0 perks in this article. Therefore read the article till the end.
Overview of New QR Code PAN Card under the PAN 2.0 Project
India’s Permanent Account Number (PAN) system has significantly improved with PAN 2.0. This program seeks to modernize the PAN system by introducing a uniform digital platform. However, it will improve the overall taxpayer experience, increase security, and streamline PAN-related services. Moreover the e-Filing Portal, UTIITSL Portal, and Protean e-Gov Portal are the three platforms that now house PAN-related services. All of these services will be combined into a single, cohesive site with the deployment of PAN 2.0. Furthermore including application updates corrections Aadhaar-PAN connection re-issuance requests, and even online PAN validation, this one-stop platform will address all PAN and TAN-related difficulties and concerns. Ultimately by doing this, the Income Tax Department hopes to improve grievance redressal procedures, cut down on delays, and streamline procedures.
Objectives of New QR Code PAN Card
PAN card 2.0 is an e-governance initiative that aims to re-engineer the taxpayer registration services process by transforming PAN or TAN services through technology. It seeks to offer a smooth, improved digital experience to taxpayers. Moreover in keeping with the government’s Digital India initiative, PAN 2.0 is a thorough update to the Permanent Account Number (PAN) system that would combine core and non-core PAN or TAN services as well as PAN validation services into a single, paperless platform. Furthermore, the PAN 2.0 initiative enables PAN to serve as a common identity for all digital systems of designated government entities, which aligns with the government’s vision embodied in Digital India. It is anticipated to meet corporate needs, prioritize efficient grievance resolution, and provide improved cybersecurity.
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Key Highlights of New QR Code PAN Card (PAN 2.0 Project)
Name of the Article | New QR Code PAN Card |
Initiated by | Cabinet Committee on Economic Affairs (CCEA) |
Beneficiary | Every citizen who currently possesses a PAN card |
Objective | To offer a smooth, improved digital experience to taxpayers. |
Application mode | Online |
Official website | Will update soon |
Salient Features of the PAN 2.0
- In order to increase operational efficiency, the PAN 2.0 effort will upgrade the current PAN system/framework with cutting-edge, contemporary technology.
- QR codes will be integrated into the PAN card 2.0, allowing for instant access to taxpayer information and verification.
- All PAN-related services will be consolidated into a single, unified digital platform, giving users convenient access to account management.
- To protect taxpayer data from unauthorized access and breaches, cybersecurity measures will be reinforced and enhanced.
- By switching to a paperless system, which would save operating expenses, it seeks to lessen its influence on the environment and encourage eco-friendly activities.
- Entities utilizing PAN-related data will have safe storage options thanks to a PAN data vault.
Modifications or Upgrades from the Current PAN Card to PAN 2.0
The current PAN card now has more features because of PAN 2.0. The QR code function, which makes data access, verification, and eco-friendly services faster, is one notable upgrade to the current PAN card. A QR code for fast scans will be included in the PAN 2.0. Moreover, by using a safe and paperless digital system, the PAN 2.0 update from the current PAN card will expedite taxpayer registration and verification. However, the current PAN cards will still be accepted but if someone is willing to upgrade PAN cards to PAN 2.0 then he/she can apply for it free of cost.
Eligibility Criteria
Every citizen who currently possesses a PAN card is eligible to apply for a PAN 2.0 card update.
How to Appl Online for New QR Code PAN Card (PAN 2.0)
Existing PAN card holders need not apply for a New QR code PAN Card. Fresh PAN Card holders need to follow the same process to apply by visiting the official website of UTIITSL.
FAQs
In what ways does PAN 2.0 differ from the current PAN card?
An e-governance initiative called PAN 2.0 aims to modernize the PAN system by combining PAN validation services and PAN or TAN services into a single, paperless platform. It adds new features to the current PAN card, like the ability to scan QR codes and make data access and verification simpler.
What are the PAN 2.0 card’s main characteristics?
The PAN 2.0 card’s primary feature is the QR code, which makes it simpler to obtain data, verify information, and provide eco-friendly services more quickly.
What role does the QR code play in PAN 2.0?
Quick scans, verification, and simpler data access are made possible with the PAN 2.0’s QR code. Through a single, safe, digital gateway, it would expedite the registration and verification of taxpayers.
When will PAN 2.0 be required?
Applying for a PAN 2.0 card upgrade is now optional for citizens. The opportunity to update to a PAN 2.0 card with a QR code is available to citizens.