PAN Card 2.0-Check Key Features, In India, the PAN(Permanent Account Number) Card is an essential document for individuals, businesses, taxpayers, and non-taxpayers. It has complied with India’s tax rules and regulations and is used to track offline and online transactions. It was introduced in 1975 and now in 2024, it has evolved into the PAN Card 2.0. India’s Income Tax Department has initiated a new project PAN 2.0 which is focused on making it more secure and easier to use.
Whether you are a PAN Holder or planning to apply for this new one it is important to know everything about the new project. In this post, we will delve into the overview of PAN 2.0, its key features, benefits, and the process of how to apply for PAN Card 2.0. This article will help you understand about this new initiative.
What is PAN Card 2.0?
In November 2024, the Cabinet Committee of Economic Affairs approved the new project of PAN 2.0 by the Income Tax Department of India. Under this new project PAN 2.0, applicants will be able to receive the electronic PAN Card 2.0 including the new features. It will have a scannable QR code and enhanced security features to make authentication more easy. Applicants can get this PAN card 2.0 after applying using their registered email ID for free of cost.
PAN Card 2.0 Overview
The PAN 2.0 initiative was approved by the Cabinet Committee of Economic Affairs on 26th November 2024. This project is mainly focused on making the PAN Card verification process streamlined and improving its security with the use of new and advanced technologies. PAN Card 2.0 is an evolution of the existing PAN Card system which was started by the Income Tax Department of India. This new project of Pan 2.0 has new and advanced technological features of security and usability. It is integrated with a unique QR code which can be used for PAN Card verification very easily.
Key Features of Pan Card 2.0
The new PAN Card 2.0 system is integrated with enhanced security, easy verification, and Aadhaar Card Linkage features. These features are able to combat fraudulent activities. Here are some important or Key features of PAN 2.0 given below:
- QR Code Integration for fast verification
- Easily and Real-time Data Accessible
- Unified Digital Platform to handle accounts online.
- Improved Cybersecurity to Avoid Data Breach
- Eco-Friendly and Paperless Operations
- A Dedicated and Secure PAN Data Vault
- Compulsory Aadhaar Number Linkage
- Real-Time PAN Data Validation
Additional Benefits of PAN Card 2.0
The updated PAN Card 2.0 is integrated with technological advancements such as a Secure QR Code system, enhanced security, and efficiency. These features reduce the risks of fraud and data breaches. Here are some additional benefits of PAN Card 2.0:
- Enhanced Robust Security
- Encrypted Personal Information
- Fast & Accurate Verification
- Updated Information Maintenance
- Fraud and Data Breach Prevention
- Regulatory Compliance
- Fully Digitized Application Process
Documents Required for Pan Card 2.0 Application
If you want to apply for PAN 2.0 you will need the following documents will be required for further verification:
- Identity Proof: Aadhaar Card/Passport/DL/Voter ID Card
- Resident Proof: Bank Passbook/Rent Agreement/Electricity Bill/Water Bill/Aadhaar Card
- Date of Birth Proof: Birth Certificate/10th Marksheet/Passport
How to Apply for PAN 2.0?
If you want to get a new PAN 2.0 you can apply through the two authorized agencies: Proteus (formerly NSDL e-Governance) and UTI Infrastructure Technology and Services Ltd. (UTIITSL). It will be available on the registered email after application, you can download it from there.
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- Those whose old PAN Card is processed through Protean or have received it through the ‘Instant e-PAN‘ facility on the Income Tax Department’s e-filling portal.
- Such holders can apply for PAN reprint at https://www.onlineservices.nsdl.com/ paam/ReprintEPan.html.
- Here you can download PAN by filling in the required information like PAN, and Aadhaar and completing formalities like OTP.
- Those whose PAN is issued by UTIITSL should go to https://www.pan.utiitsl.com/reprint.html.
FAQs For PAN Card 2.0
Will my existing PAN without QR be valid?
Yes, your existing PAN Card will be valid even after you apply for a new PAN will get this PAN 2.0.
How much do I need to pay a fee for the new PAN 2.0?
If you want a physical PAN 2.0 card, then you need to submit a fee of INR 50.
When will I get the PAN 2.0 after applying?
After successful application and fee submission, PAN 2.0 will be sent to your registered mail address within 15-20 days.
What are the extra benefits of the new PAN?
The new PAN card will be integrated with the QR Code verification, Biometric system, and Aadhaar linkage.
Balvinder Saaga, an engineering graduate from Delhi University, has been passionately working as a content writer since 2021. Hailing from Punjab, Balvinder specializes in crafting informative and engaging content with a core focus on education and social schemes
