PAN 2.0: The Modi government has introduced the PAN 2.0 project, in which the PAN card would include a QR code, making verification even easier and digital. Old PAN cards will remain valid, and the upgrade is entirely free. The PAN 2.0 program is a significant improvement to the PAN card system that aims to provide taxpayers with a digital and paperless experience. All core and peripheral PAN services will be consolidated on a single interface, increasing ease and accessibility.
The update also includes improved cybersecurity safeguards to protect user data and ensure a secure environment for taxpayers. This upgrade's primary feature is the addition of a QR code to PAN cards, which simplifies the verification procedure and allows for instant access to taxpayer information. Users save time and effort by performing the complete process online. Importantly, old PAN cards will remain valid, and there is no need to apply for the new QR-enabled PAN card. The government will instantly give updated cards to current PAN holders for free, making this upgrade seamless and user-friendly.
Business News: US President Donald Trump Launches Gold Card Program for Billionaire Immigrants ...
Business News: SEBI Plans to Launch New Digital Portal For Foreign Portfolio Investors ...
Business News: RBI Decreases Repo Rate For Third Consecutive Time, Loan EMIs Set to Decline ...
IRCTC News: Aadhaar-Based Verification Mandatory for Railway Tickets from July, Know Details ...