Cabinet Approves ₹1,435 Crore PAN 2.0 Project for Taxpayer Services
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved the PAN 2.0 Project of the Income Tax Department with a financial outlay of ₹1,435 crore.
About PAN 2.0 Project
The PAN 2.0 Project is a technology-driven e-Governance initiative aimed at re-engineering taxpayer registration services and enhancing the overall digital experience of taxpayers.
Key Features and Benefits:
- Ease of Access and Improved Service Delivery:
Faster, more efficient taxpayer registration services.
Enhanced service quality.
- Single Source of Truth:
Ensures data consistency across systems.
- Eco-Friendly Processes:
Paperless workflows for cost and environmental optimization.
- Infrastructure Security and Agility:
Optimized systems for enhanced performance and security.
Vision and Scope
The project aligns with the Digital India initiative, emphasizing the use of PAN as a Common Identifier for specified government agencies. It consolidates:
Core and Non-Core PAN/TAN Activities:
Streamlining the operations of Permanent Account Number (PAN) and Tax Deduction and Collection Account Number (TAN) services.
Enhanced PAN Validation Services:
Strengthening the verification process for better governance and compliance.
Conclusion
The PAN 2.0 Project is a pivotal step in the Government’s journey toward technology-driven governance, offering taxpayers a seamless, efficient, and eco-friendly service experience. By integrating PAN as a universal identifier, this initiative ensures greater transparency and ease of compliance for citizens.
