PAN 2.0: Will Your Old PAN Still Work? All Your Questions Answered

PAN 2.0 is an upgraded version of the current system, using technology to make registration easier and more accessible for taxpayers.

The Union Cabinet has approved the Rs 1,435 crore PAN 2.0 Project. Announcing the decision, Union Minister for Information and Broadcasting Ashwini Vaishnaw said the project would transform taxpayer registration services through advanced technology, promote ease of access and enhance service quality.

“The PAN card is integral to our lives, especially for the middle class and small businesses. PAN 2.0 will serve as a unified business identifier and ensure a seamless, paperless, and robust grievance redressal system,” Mr Vaishnaw told news agency ANI.

Here are all your FAQs about the new system and its impact on existing PAN cards answered.