Besides being a tax identifier, PAN works well as a physical identity proof. However, the Permanent Account Number (PAN) system is becoming digital under the new PAN 2.0 project. The government spent Rs 1435 crore for a complete overhaul of the existing PAN system.

As per the FAQs released by the Finance Ministry, current PAN cards will remain valid under the upgraded PAN 2.0 system. Existing PAN cardholders are not required to apply for a new card, but they have the option to upgrade their PAN at no additional cost.

The Income Tax Department's PAN 2.0 offers digital e-PAN cards with a QR code for enhanced security, free for up to three requests. Physical PAN cards

The government has launched PAN 2.0, modernizing the PAN system by merging three portals into one. This upgrade simplifies processes for PAN holders.

A nominal fee is required for a physical PAN card. It is important to note that existing PAN cards will remain valid even without the QR code

The FAQs released by the income tax department allow PAN card holders to update their addresses online for free if they have old addresses updated in the income tax records. Here is a step-by-step guide on how PAN cardholders can update addresses using Aadhaar based e-KYC.

The government launched PAN 2.0, featuring a QR code for better security. Users can update incorrect addresses in Income Tax records for free. A new e-PAN with a QR code will be sent via email. Reprinted PAN cards cost Rs.

The Income Tax Department has introduced PAN 2.0, a modernised system to simplify taxpayer services. Designed with advanced technology, it aims to enhance the PAN experience for millions of users.