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Tuesday, November 26, 2024

PAN 2.0 rolled out: What it means for NRIs Read more at: https://economictimes.indiatimes.com

 The Cabinet Committee on Economic Affairs (CCEA) approved the PAN 2.0 initiative with a Rs 1,435 crore allocation to overhaul the PAN/TAN system. The upgrade includes a QR code feature and improved digital services. NRIs must apply for PAN with specific documents. Existing PAN cards remain valid, but taxpayers can opt for the new QR code version at no extra cost.


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