The Union Cabinet has approved the PAN 2.0 project, which aims to upgrade PAN cards by introducing QR codes. This raises the question of whether holders of old PAN cards must apply for new ones.
According to Union Minister Ashwini Vaishnav, individuals with old PAN cards will not need to change their PAN numbers.
They will receive a new PAN card featuring the QR code. Vaishnav also mentioned that upgrading to the new card is free of charge, and the new cards will be delivered to the recipients.
The government recognizes that the software currently managing PAN cards is outdated, approximately 15 to 20 years old, leading to various issues.
The new system will digitalize all processes related to PAN cards to ensure timely complaint resolution. To date, approximately 78 crore PAN cards have already been issued.
The new system aims to enhance the existing PAN framework, integrate core and non-core PAN/TAN activities, and improve PAN verification services.
Minister Vaishnav explained the benefits of PAN 2.0, stating that the grievance redressal system will be updated, and a PAN data vault will be established to safeguard information. With a unified portal, users will not have to navigate multiple platforms.
This upgrade is designed to enhance taxpayers’ digital experience. Existing PAN cards will remain valid, and the upgrade will not affect their validity.
However, the existing PAN card must be upgraded to include the new QR code, with no additional costs.
Introducing the QR code will ensure that PAN card data is consistent and reliable. The new process aims to streamline operations and promote eco-friendliness.
With the upgraded PAN, your data security will be enhanced. The government seeks to establish the PAN as a familiar identifier across all digital systems within government institutions.