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0 The Income Tax Department has launched the PAN 2.0 project, which makes it simpler to apply for a new PAN or update an existing one. Here are the essential details:
Apply for New PAN (e-PAN)
1. Eligibility
- Must not already have a PAN.
- Have a valid Aadhaar number and a mobile number linked with the Aadhaar number.
- Should not be a minor.
2. Process
- Go to the official e-Filing portal at incometax.gov.in.
- Click on “Instant e-PAN” under “Our Services.”
- Enter your Aadhaar number and verify using OTP sent to your registered mobile.
- Confirm details and submit. The e-PAN will be received in your registered email.
Updating PAN Details:
1. The feature of Aadhaar e-KYC is to update details such as name, photo, date of birth, and contact information.
2. The process includes linking PAN with Aadhaar and validation of updated details by OTP.
Benefits of PAN 2.0:
- Instant issue and update.
- More accurate data through Aadhaar integration
- Real-time e-PAN verification and download
- The service is designed to ease and simplify the process while reducing the paper work for the taxpayers 9,10,11.
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