Whether applying for a loan or opening an account in the bank, PAN card is one of the important documents. The government has made a big change in this PAN card.

PAN Card 2.0: Whether you want to apply for a loan or open an account in the bank, buy a flat or property... PAN card is one of the important documents. The government has made a big change in this PAN card. The PAN 2.0 project was approved in the Modi cabinet meeting on Monday. Union Minister Ashwini Vaishnaw said that the government will spend Rs 1435 crore for this. The 10-digit PAN card is a document issued by the Income Tax Department. By making it more advanced, the government wants to make it better and safer. Its purpose is to strengthen digital security and reduce the possibility of fraud and data theft.

New PAN Card

The new PAN card will be quite different from the old one. The new PAN cards will be QR codes. For this, the paperlane i.e. online process will be adopted. The most important thing is that people will not have to spend money separately for this, people will not need to spend separately for the QR code PAN. Data will be completely safe in the new PAN card with scanner. People will not need to pay separately for a PAN with a QR code.

How different will PAN Card 2.0 be?

The Union Cabinet approved the new PAN card, the government has approved the PAN 2.0 project,. The objective of this project is to make the PAN card more secure and the Permanent Account Number (PAN) of taxpayers a 'Common Business Identifier' for all government agencies. Along with this, along with better quality of PAN card, its service has to be made easy and fast. The new PAN card will be quite different from the old PAN card. In the new PAN card i.e. PAN 2.0, the card will be issued with a QR code.