PAN 2.0 must aim to end fraud via impersonation
Mint Mumbai|November 28, 2024
It's welcome that tax authorities are simplifying processes for holders of permanent account numbers. The tech overhaul should also ensure sufficient checks to minimize PAN-theft fraud
PAN 2.0 must aim to end fraud via impersonation

The Cabinet Committee on Economic Affairs earlier this week approved a plan of India's Income Tax Department to roll out its PAN 2.0 project. This aims to streamline all services related to our PermaT nent Account Numbers (PANS) and simplify website access for individuals and companies.

One big step under the plan is to unify the three different platforms currently in use into one.

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