The PAN 2.0 Project is an e-Governance project of the Income Tax Department aimed at re-engineering the business processes related to taxpayer registration services. The project's objective is to improve the quality of PAN services by incorporating the latest technology.

The Income Tax Department's PAN 2.0 offers digital e-PAN cards with a QR code for enhanced security, free for up to three requests. Physical PAN cards

The Income Tax Department has clarified that existing PAN cards of taxpayers and individuals are valid even without the QR code under the PAN 2.0 project. Allotment, updation or correction of PAN will be done free of cost and e-PAN will be sent to the registered mail id.

The PAN 2.0 project, with a budget of Rs 1,435 crore, seeks to establish the PAN as a universal business identifier across designated government digital platforms.

The Central Board of Direct Taxes (CBDT) has announced the PAN 2.0 project, aimed at modernizing the existing Permanent Account Number (PAN) system.