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PAN 2.0 is an e-Governance initiative by the Income Tax Department to enhance PAN services using advanced technology.
It consolidates PAN and TAN services into one portal and ensures a completely paperless process for: PAN allotment Updates and corrections Online PAN Validation (OPV) for financial institutions and government agencies.
What’s new in PAN 2.0 compared to the current system?
Unified Portal: All PAN/TAN services, previously scattered across different portals (e-Filing, UTIITSL, Protean), are now accessible on a single platform.
Streamlined Services: Services like e-PAN requests, Aadhaar-PAN linking, and PAN updates are faster and easier to access.
Free Updates: Updating PAN details, such as name or address, is now free of cost for all users.
Digital-First Approach: A paperless, fully online process replaces the traditional modes.
Do existing PAN cardholders need to apply for a new card?
No, existing PAN cardholders do not need to reapply.
Your current PAN remains valid under PAN 2.0.
Can I correct details on my existing PAN?
Yes, you can update or correct details like name, address, mobile number, or date of birth for free.
Use the Aadhaar-based facility on these links: NSDL PAN Update Service UTIITSL PAN Update Service For other updates, you can still visit physical centers or apply online under the current system.
Will older PAN cards without QR codes still be valid?
Yes, older PAN cards remain valid.
However, you can request a reprint with an updated QR code.
The new QR code will include dynamic data, allowing easy validation of PAN details.
What happens if someone holds multiple PAN cards?
Holding more than one PAN is illegal.
PAN 2.0’s advanced systems will identify and minimize duplicate PANs.
If you have multiple PANs, report this to your assessing officer to deactivate extras.
What is the Common Business Identifier?
Under the Union Budget 2023, PAN will serve as a universal identifier for businesses across specified government platforms.
It simplifies compliance for businesses by unifying various identifiers under one system.
What’s the cost for PAN services under PAN 2.0?
e-PAN: Free and sent via email.
Physical PAN card: ₹50 for domestic delivery.
International delivery: ₹15 plus postal charges.
How does PAN 2.0 benefit users?
Ease of Access: Centralized portal eliminates the need for multiple logins.
Faster Processing: Paperless processes speed up application and update times.
Enhanced Verification: Dynamic QR codes improve data accuracy and usability for financial institutions.
When will PAN 2.0 roll out completely?
The full rollout of PAN 2.0 is expected soon.
Until then, users can continue to use existing services on current portals for updates and corrections.
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