GUWAHATI: The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has granted approval for the PAN 2.0 Project, a major technological overhaul of the Income Tax Department’s taxpayer registration services. The project, with a financial outlay of ₹1,435 crore, aims to drive a significant transformation in the handling of PAN and TAN services.
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The PAN 2.0 Project is designed to streamline taxpayer registration through digital enhancements, offering several key benefits, including:
1. Improved Accessibility and Efficiency: Ensuring faster service delivery with enhanced quality.
2. Data Consistency: Creating a single source of truth for greater data accuracy.
3. Eco-Friendly Practices: Reducing environmental impact through optimized processes.
4. Increased Security and Agility: Strengthening infrastructure for better security and faster adaptability.
