Headlines

PAN 2.0 Initiative Introduces a QR Code on the Updated PAN Card; Will Your Existing PAN Card Become Invalid as a Result?

his will be rolled out free of cost to all taxpayers. However, the question arises now whether the existing PAN becomes inoperative if it does not have a QR code.

The government has announced the PAN 2.0 project. At the time of the announcement, Union Minister Ashwini Vaishnaw said that the upgrade of PAN includes adding a QR code. This will be rolled out free of cost to all taxpayers. However, the question arises now whether the existing PAN becomes inoperative if it does not have a QR code.

What is PAN 2.0 project?

According to press release issued by the government on November 25, 2024, PAN 2.0 Project is an e-Governance project. The project is being undertaken by the government for re-engineering the business processes of taxpayer registration services through technology driven transformation of PAN and TAN services and also for enhanced digital experience of the taxpayers.
The PAN 2.0 initiative will enhance the current PAN and TAN 1.0 ecosystem by integrating core and non-core PAN and TAN activities along with PAN verification related services.

The Project aims to enable the use of PAN as common identifier for all digital systems of specified government agencies.

The PAN 2.0 Project offers significant benefits including:

i. Ease of access and speedy service delivery with improved quality;

ii. Single Source of Truth and data consistency

iii. Eco-friendly processes and cost optimization; and

iv. Enhancing the security and efficiency of infrastructure to achieve improved agility.

Also Read: National Constitution Day 2024; President Draupadi Murmu Highlights that the Indian Constitution is a Living and Progressive Document.

D K Singh

Recent Posts

AP SSC Hall Ticket 2025 Released: Official Website to Download Admit Card bse.ap.gov.in

AP SSC Hall Ticket 2025: The Board of Secondary Education, Andhra Pradesh (BSEAP) has released…

8 hours ago

What is WhatsApp? A Guide to Navigating the Free Meta-Owned Communications Platform

WhatsApp is a free messaging and calling app owned by Meta (formerly Facebook). It allows…

18 hours ago

RRB Group D 2025: Last Date for Application Fee Payment (Today) March 3, 2025

RRB Group D 2025: Railway Recruitment Board (RRB) will close the application fee payment window…

19 hours ago

40% of Global Population Does Not Receive Education in a Language They Understand: UNESCO

Forty per cent of the global population does not receive education in a language they…

1 day ago

CUET UG 2025: Application Process Begins, Exams From May 8 to June 1, 2025

CUET UG 2025 Exam Dates: The National Testing Agency (NTA) has started the application process…

2 days ago

SEBI Chairman Tuhin Kanta Pandey’s Educational Journey: Punjab University Alumnus, MBA from UK

SEBI Chairman: 1987 Odisha cadre veteran Indian Administrative Service (IAS) officer Tuhin Kanta Pandey has…

2 days ago