Indian government approves PAN 2.0 Project, PAN Cards to soon have QR code
Minister of Information and Broadcasting Ashwini Vaishnaw
India's Cabinet Committee on Economic Affairs (CCEA) approved the PAN 2.0 Project for the Income Tax Department on Monday (Nov. 25).
The CCEA chaired by Prime Minister Narendra Modi approved the project which will provide a free-of-cost upgrade to the PAN Card with a QR Code, Union Information and Broadcasting Minister Ashwini Vaishnaw announced while sharing the decisions taken in the Union Cabinet meeting on Monday.
The project will enable a technology-driven transformation of taxpayer registration services and will have significant benefits.
According to an official statement, the benefits will include:
- Ease of access and speedy service delivery with improved quality;
- Single Source of Truth and Data Consistency
- Eco-friendly processes and cost optimisation; and
- Security and optimisation of infrastructure for greater agility
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PAN 2.0 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."
Moreover, this project will help in upgrading the current PAN/TAN 1.0 eco-system, consolidating the core and non-core PAN/TAN activities as well as PAN validation service.
It further resonated with the vision of the Indian government as per Digital India by making the PAN a common identifier for all digital systems of specified government agencies, the statement added.
(With inputs from agencies)
