Qr code pan card what is it Will you have to pay the fee too Know here

QR Code PAN Card: The Union Cabinet headed by Prime Minister Narendra Modi took a major decision on Monday and approved the PAN 2.0 project. After this decision your PAN card will be changed. Now PAN card with QR code will be issued. What is QR Code PAN Card? What will be the benefit of this? Do you have to pay for a new PAN card? Let us know. According to media reports, PAN 2.0, which has been approved by the Central Government, will replace your existing PAN card. After this a new PAN card will be issued, which will have a QR code.

What is the benefit of PAN card with QR code?

According to media reports, this is a kind of upgrade, the purpose of which is to provide a better digital experience to the taxpayers of the country. Specifically, the PAN, TIN and TAN numbers related to a business are to be integrated as a common business identifier.

Will everyone’s PAN cards be changed?

Yes! After the government’s decision, all those old PAN cards which do not have QR code will be replaced. The government has been releasing PAN cards with QR code for some years for individuals, but still people do not have PAN cards with QR code.

Will the PAN card number also change?

No, your current PAN card number will not change. Only the old number will be valid. Everyone will have to make a new PAN card.

Do I have to pay to get a new PAN card?

The government says that the new PAN card will be made for free. Anyone who already has a PAN card will not have to pay any fee. It will be delivered to your address for free.

The government claims that the users’ data will be completely safe in the new PAN card. The government will spend approximately Rs 1435 crore on this entire project. PAN cards are being issued in the country since 1972. More than 78 crore PAN cards have been issued so far. It is a unique identity proof consisting of 10 numbers. With its help people deposit their taxes.