The government has introduced the PAN 2.0 initiative to upgrade and digitalise the current Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) systems. The main objective is to make obtaining and managing PAN more user-friendly while streamlining the various platforms and portals related to PAN services.
Following the announcement of PAN 2.0, many people are wondering what steps are needed to get a new PAN or make changes to an existing one. Below, we break down everything from the application process to the benefits.
PAN 2.0 offers a streamlined, digital process for applying and receiving your PAN card. Below is a simple, step-by-step guide to help you apply for an e-PAN online and have it delivered directly to your email.
First, determine whether your PAN was issued by the National Securities Depository Limited (NSDL) or UTI Infrastructure Technology and Services Ltd. (UTIITSL). This key information can be found on the back of your PAN card.
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If you're a PAN cardholder and want to upgrade to the PAN 2.0 card with a QR code, here's a comprehensive guide to help you obtain it, as per the UTIITSL website:
Step 1: Visit the UTIITSL Website
Go to the official UTIITSL PAN Request Page.
Step 2: Enter Your PAN and Personal Details
On the UTIITSL page, fill in the following information:
Step 3: Check for Registered Email ID
Step 4: Request e-PAN
Step 5: e-PAN Delivery to Your Email
Once the request is confirmed and payment is made (if applicable), your e-PAN will be sent to your registered email ID in PDF format. It should arrive within a few minutes, depending on the processing time.
This process ensures that you can easily upgrade to the new PAN 2.0 card with a QR code.
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The new PAN Card 2.0 system, as outlined by the Press Information Bureau (PIB), brings several advancements aimed at improving security, efficiency, and ease of use. Here are the core features of PAN 2.0:
1) QR Code Integration
The PAN 2.0 card now includes a QR code for quick verification and easy access to taxpayer information.
2) Unified Digital Platform
All PAN-related services are now available on a single digital platform, streamlining the management of accounts online.
3) Enhanced Cybersecurity
Robust security measures have been implemented to protect taxpayer data from unauthorised access and breaches.
4) Secure PAN Data Vault
A dedicated vault ensures the safe storage of PAN data for entities, bolstering privacy and security.
5) Mandatory Aadhaar Linkage
Aadhaar linkage is now mandatory, enhancing the verification process and helping prevent fraud.
6) Real-Time Validation
PAN details are validated immediately, improving system accuracy and reducing errors.
These features make PAN 2.0 a more secure, efficient, and user-friendly system for managing tax-related information.
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