The Government of India is set to introduce a new version of PAN, or Permanent Account Number, as part of the Digital India initiative. The authorities have introduced PAN 2.0. This updated version of PAN will be more secure and user-friendly in digital formats than earlier. The authorities have announced that the updated PAN 2.0 will include a QR code. This QR code will enhance the safety of PAN more than ever. The positive aspect is that you can request this new PAN 2.0 via your email.
The updated PAN 2.0 is a digital PAN card that will feature a QR code. This card will be fully digital, and you will receive this PAN via email within 30 minutes. All information connected to your PAN will be encoded in the QR code provided on the new PAN. The government aims to lessen the reliance on physical cards via PAN 2.0. Due to being more secure than the previous PAN.
You won’t need to wait 10 to 15 days for the PAN delivery. You will receive it in PDF format via email within 30 minutes of your application. It is secure digitally, as the QR code will lower the likelihood of fraud occurring. Online verification will become simpler than it was previously. The new PAN will be verified by scanning its QR code. In PAN 2.0, you will require fewer physical cards. However, if you wish to obtain a PAN card in physical format, you can do so.
How to get new PAN Card?
1. Visit the e-PAN portal for Income Tax.
2. On the homepage, click on the Apply for Instant PAN option.
3. Enter your Aadhaar number. An OTP will be dispatched to the mobile number associated with Aadhaar.
4. Enter your accurate email address and additional information.
5. Ensure that your Aadhaar and mobile number are connected. Within 30 minutes of submitting the application, the e-PAN will be emailed.
6. It is available for download in PDF format. You can likewise submit a request for a new PAN by going to the NSDL website.
If you request a PAN through email, there won’t be any fee. There is a fee required for obtaining a physical PAN card.