Cabinet approves PAN 2.0: Will you have to apply for a new one?
- Posted on November 25, 2024
- By Business News Today
- 3 Views
Cabinet approves PAN 2.0: Will you have to apply for a new one?
The Indian government has launched PAN 2.0, a ₹1,435 crore initiative to digitize the Permanent Account Number system. This upgrade, including a QR code addition, will be free and won't require reapplication. The project aims to streamline processes, improve data consistency, and enhance security while remaining eco-friendly. Existing PAN cards remain valid.