Income Tax Department has issued a detailed clarification on the project based on a list of frequently asked questions (FAQs) to provide taxpayers with a deeper insight into the new PAN 2.0 system.
PAN 2.0 Project is an e-Governance project of the Income Tax Department for re-engineering the business processes of taxpayer registration services.
Under PAN 2.0 project, ITD is consolidating all processes related to PAN allotment/updation and corrections. The TAN-related services are also merged with this project. Besides, PAN authentication/validation through online PAN validation service will be provided to user agencies such as financial institutions, banks, government agencies, central and state government departments etc.
Yes. If existing PAN holders want to make any correction/updation of their existing PAN details such as email, mobile or address or demographic details such as name, date of birth etc., they can do so free of cost after the PAN 2.0 Project commences.
Till the time the PAN 2.0 project is rolled out, the PAN holders can avail of the Aadhaar-based online facility for updation/correction of email, mobile and address free of cost by visiting the URLs:
i. https://www.onlineservices.nsdl.com/paam/endUserAddressUpdate.html
ii. https://www.pan.utiitsl.com/PAN_ONLINE/homeaddresschange
No new PAN card will be delivered unless the PAN holder requests it owing to any updation/correction in their existing PAN. The PAN holders who want to update their old address, can do so free of cost using Aadhaar based online facility. Accordingly, the address will be updated in the PAN database. You can visit the below URLs:
i. https://www.pan.utiitsl.com/PAN_ONLINE/homeaddresschange
ii. https://www.onlineservices.nsdl.com/paam/endUserAddressUpdate.html
No. The existing PAN card holders are not required to apply for a new PAN under the upgraded system (PAN 2.0).
No. The PAN card will not be changed unless the PAN holders want any updation/correction. The existing valid PAN cards will continue to be valid under PAN 2.0.