PAN 2.0: Are you also confused about PAN 2.0? Know all the answers through FAQ..

This week on Monday, the cabinet meeting announced the PAN 2.0 project. The government has approved this project. Regarding this project, Union Minister Ashwini Vaishnav said that the government will spend about Rs 1435 crore for this.

Many people have many questions in their minds about the PAN 2.0 project. In this article, we will give you all the information related to the PAN 2.0 project.

What is the PAN card 2.0 project?

The PAN card 2.0 project is an upgraded version. In this version, the PAN card will have a QR code. The taxpayer will not have to pay any separate charge to get this PAN card made. This PAN card is being made for free.

Is there a need to get a new PAN card made?

No, you do not need to get a new PAN card made. You can upgrade your old card only.

Can you update the details on the PAN card?

Yes, you can update details in your PAN card like date of birth, name, e-mail ID, and address. You will not have to pay any additional charge for this.

Where to update the details?

Go to NSDL's PAN service portal (https://www.onlineservices.nsdl.com/paam/endUserAddressUpdate.html).

Go to the UTI PAN service portal (https://www.pan.utiitsl.com/PAN_ONLINE/homeaddresschange).

Will the old PAN card remain valid?

Yes, your old PAN card will remain completely valid. However, the QR code present in PAN 2.0 will show your latest information.

What is the function of the QR code in a PAN card?

All the details will be easily shown through the QR code present on the PAN card. These details include name, date of birth, and photo.

Will the new PAN card be delivered automatically?

No, the new PAN card will not be delivered automatically. You will have to give a request for delivery after making corrections and updates.

What is Unified Portal?

You can avail of PAN/TAN service with the PAN 2.0 project in the unified portal. In this, you can correct the details related to the PAN card by visiting a single platform.

Is a duplicate PAN card valid?

Under Section 1961 of Income Tax, no person can carry more than one PAN card. If a person is caught doing this, strict action will be taken against him.