INDIA: India has introduced an advanced project aimed at upgrading Permanent Account Number (PAN) services using cutting-edge technology. This initiative, spearheaded by the Income Tax Department, focuses on consolidating processes for PAN allotment and updates. The project aims to streamline services by adopting a paperless, online system offered free of cost, with a nominal charge for a physical PAN card. It aligns with the government’s Digital India vision, prioritizing enhanced user experiences and data security.
Under PAN 2.0, the system has been revamped to integrate advanced features. These include mandatory Aadhaar linkage, a secure PAN data vault, and QR code integration for seamless data access. A unified digital portal has been created to centralize all PAN/TAN-related services, ensuring easier management for taxpayers. Additionally, real-time data validation and advanced analytics enhance system accuracy while curbing fraudulent activities. These measures not only improve efficiency but also fortify data security and reduce the risk of unauthorized access.
Existing PAN cards will remain valid, eliminating the need for mandatory upgrades. However, taxpayers can opt for a new card if they wish to update or correct personal information. Older PAN cards without QR codes will continue to function, though individuals have the option to apply for upgraded cards with enhanced features. The system also introduces mechanisms to detect and address duplicate PANs, ensuring compliance with the Income Tax Act, 1961, which prohibits holding multiple PANs.
To prevent fraud, taxpayers are advised to rely solely on official channels for information and services related to PAN 2.0. Scammers may exploit the system’s updates, so individuals should be vigilant and avoid sharing sensitive information with unverified sources. For trusted updates and services, the official Income Tax Department website and authorized portals like Protean and UTIITSL remain the only reliable options.
