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News India Live, Digital Desk: PAN 2.0: Whether to make a PAN card or fix your address or name in it… We all know how a mess and long work it can be. Sometimes it takes weeks and sometimes months. But now a big and great change is going to come in this whole story.

The Government of India and the Income Tax Department are preparing to bring a new and smart version of PAN card, which is named – PAN 2.0This will not just a card, but a key to make your financial life easier.

So what is this PAN 2.0 and what are the benefits of this? Let’s know:

1. address changed? PAN card will be updated immediately, now the wait is over!
Right now if you change the house, then you are sweating in updating the address on the PAN card. But with PAN 2.0, this work real time Will be in That is, as soon as you change your address in Digilocker or Aadhaar, it will automatically be updated to your PAN card. There is no long wait, no mess.

2. One ID, work many (KYC’s mess is over)
PAN 2.0 will be deeply connected to your Aadhaar card and Digilocker. This means that you will not have to give different documents repeatedly to open an account in a bank, invest in mutual funds or to make any KYC (Know Your Customer). Your PAN 2.0 will be enough.

3. Your PAN card will be even more safe
This new PAN card will be more secure, in which it would be almost impossible to tamper or make fake. It will use technology like advanced QR code, which will reduce the risk of fraud.

4. Business will be easy to do (a country, a business ID)
This will be a major relief for traders and business owners. PAN 2.0 can be used as a ‘master business ID’. Whether GST registration or any other government work, this same ID will be useful everywhere, which will reduce a lot of paperwork.

5. New PAN card will be made in pinch
Those who apply for PAN card for the first time, they will not have to wait for weeks anymore. The process of PAN 2.0 will be so fast that the new PAN card will be ready in a very short time.

In short, PAN 2.0 is a big step towards making our life easy, fast and more secure. This will be such a smart financial ID, which will simplify every work related to our money in the coming time.

Big gift from the government: Aadhaar update by June 14, free free, do this work sitting at home