Cabinet approval for PAN 2.0 Project

0
37
CCEA
CCEA

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 allocation of ₹1,435 crore. This initiative is aimed at enabling a technology-driven transformation of taxpayer registration services, offering several key benefits, including improved ease of access, faster service delivery, enhanced data consistency, eco-friendly processes, cost optimization, and strengthened security and infrastructure agility.

The PAN 2.0 Project is an e-Governance initiative focused on re-engineering business processes for PAN/TAN services. It represents an upgrade from the existing PAN/TAN 1.0 system by integrating core and non-core activities, as well as PAN validation services, to provide taxpayers with a superior digital experience. This project aligns with the Government of India’s Digital India vision by positioning PAN as a common identifier across the digital systems of designated government agencies.

By streamlining taxpayer registration services and optimizing resources, the PAN 2.0 Project aims to simplify administrative processes, reduce costs, and enhance efficiency, thereby supporting India’s broader push toward a digital and technology-enabled governance ecosystem.