Cabinet approves the PAN 2.0 Project

The Union Cabinet has approved the PAN 2.0 project, a major step towards revamping India's Permanent Account Number (PAN) system. The project aims to improve the ease of access, enhance data accuracy, and facilitate better tax compliance. The key features of the project include linking PAN with Aadhaar, a comprehensive update of data security measures, and upgrading the PAN infrastructure to meet modern requirements. PAN 2.0 will also enable digital, real-time verification and provide enhanced services to taxpayers, making the system more efficient and secure. The approval of the project reflects the government's commitment to simplifying tax processes and improving digital infrastructure.