PAN 2.0: The Government of India has recently introduced ‘PAN 2.0’, which offers several enhancements compared to the conventional PAN card. This upgraded version includes a digital QR code, an expedited verification process, and advanced technologies aimed at bolstering cybersecurity.
However, the introduction of this new system has also coincided with a rise in online fraud incidents. PAN 2.0 represents a significant initiative by the Government of India to enhance financial security, marking a substantial advancement towards a Digital India by making the PAN card more secure and user-friendly. If you currently possess a PAN card, it may be necessary to update it soon, as PAN 2.0 incorporates special features that enhance its security and functionality.
Features
Digital QR Code: This feature allows for immediate verification of an individual’s PAN details.
Real-time Updates: Taxpayers will have the capability to update their information instantly.
Fraud-Proof Design: Enhanced security measures have been implemented to deter the creation of counterfeit PAN cards.
In recent years, numerous instances of PAN card fraud have emerged, involving financial crimes facilitated by counterfeit PAN cards. To combat this issue, the government has opted to enhance the security and digital robustness of the PAN card.
How can one prevent such fraud?
Update exclusively through the official government portal: Ensure that any modifications are made only via the official websites of NSDL or UTIITSL.
Exercise caution with unknown links: Be vigilant before clicking on any links received through WhatsApp, email, or SMS.
Notify your bank promptly: In the event of fraud, contact your bank and the cyber cell immediately.
Do not disclose your OTP to anyone: No government agency will request your OTP or other personal information over the phone.