Cabinet approves PAN 2.0 Project worth Rs 1,435 cr; PAN cards to soon have QR codes

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the PAN 2.0 Project for the Income Tax Department on Monday, with a financial outlay of Rs 1,435 crore. This e-Governance initiative aims to upgrade the existing PAN/TAN system by re-engineering taxpayer registration services through technology, improving the digital experience for taxpayers.