PAN 2.0: The PAN card is a crucial document in India, essential for opening a bank account and fulfilling tax obligations. Recently, the Government of India introduced PAN Card 2.0, which includes the addition of a QR code. Citizens are encouraged to upgrade to PAN Card 2.0 at no cost. This raises a common concern: will the existing PAN card become inactive if not upgraded?
Will the existing PAN card inactive?
It is important to clarify that individuals who do not transition to PAN Card 2.0 will not have their current PAN cards deactivated. Whenever a person updates their name, address, photograph, or any other details associated with their PAN card, they will receive the upgraded PAN Card 2.0 free of charge. Many individuals are also curious about the purpose of the QR code on the PAN card and its implications. The QR code is being incorporated to facilitate a more efficient online verification process.
Follow the process step by step:
- For this, first you have to go to https://www.onlineservices.nsdl.com/paam/requestAndDownloadEPAN.html.
- Then on the webpage, you have to enter the following information.
- After this, after entering the required information, select the applicable tick box and click on submit comfortably.
- Then a new webpage will open on the screen. You will have to check your current details updated with the Income Tax Department. Here you will get a one-time password.
- Then you have to enter the OTP and verify it. Remember that the OTP will be valid for 10 minutes.
- Then you have to choose the method of payment. You have to select the tick box to agree to the terms.
- Then check the payment amount and ‘confirm the payment’.
- After this, you have to click on continue.
- Then the PAN will be delivered to the email ID.