Nov 27, 2024 12:10 PM IST
The Earnings Tax Division launched a sequence of FAQs a day after the cupboard committee on financial affairs (CCEA) cleared the ₹1,400 crore PAN 2.0 venture
Current PAN playing cards will proceed to stay legitimate underneath the PAN 2.0 venture with customers purported to robotically obtain an digital model of it of their mail ID, with out making use of for it.
The federal government has determined to make PAN because the “common business identifier” for all digital techniques of specified govt businesses, as introduced within the Union Price range 2023(Representational Picture)
Nonetheless, those that need a bodily card must apply and pay ₹50 for it in the event that they stay throughout the nation, based on the earnings tax division.
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The FAQs have been launched a day after the cupboard committee on financial affairs (CCEA) cleared the ₹1,400 crore venture.
Other than this, the division additionally stated that QR codes will probably be a part of the venture, however that the characteristic has already been rolled out for validating PAN and different particulars.
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The entire PAN and TAN associated companies that are presently hosted on three totally different portals (e-filing portal, UTIITSL and Protean e-Gov), will transfer to the earnings tax division portal.
Finish-to-end companies – from software to allotment, on-line validation, linking with Aadhaar and updation can even be supplied with your entire course of being paperless, the report quoted the CBDT as having stated.
The federal government has determined to make PAN because the “common business identifier” for all digital techniques of specified govt businesses, as introduced within the Union Price range 2023.
The federal government additionally hopes to verify cases of regulation violations whereby people maintain a number of PAN playing cards.
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See extra Information / Enterprise / PAN 2.0: New e-PAN to return in mail with out making use of once more, QR and different particulars