The Central government has approved PAN 2.0 project to enhance the digital experience of taxpayers, Union minister Ashwini Vaishnaw announced during Cabinet meet briefing on November 25.
The new project, worth Rs 1,435 crore, will enable technology driven transformation of taxpayer registration services and has significant benefits including, ease of access and speedy service delivery with improved quality; single source of truth and data consistency; eco-friendly processes and cost optimization; and security and optimization of infrastructure for greater agility, a government press release said.
Under PAN 2.0, a new card will be issued to taxpayers with a QR code, Vaishnaw said, adding that the whole upgradation exercise will be free of cost.
The new project is an “e-Governance project” for re-engineering the business processes of taxpayer registration services through technology driven transformation of PAN/TAN services for enhanced digital experience of the taxpayers, the statement added.
“This will be an upgrade of the current PAN/TAN 1.0 eco-system consolidating the core and non-core PAN/TAN activities as well as PAN validation service.”
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