PAN Card 2.0- Big news for PAN Card holders. PAN CARD 2.0 has been launched by the government to prevent frauds done with PAN card. Now the new PAN card will not only be different in appearance but will also be very good from the security point of view.
Know what is PAN Card 2.0?
PAN Card 2.0 is an upgraded version in which QR Code has also been added. With the help of QR code, any institution or person can immediately scan their PAN card and identify whether it is real or fake. If someone is using a fake PAN card, he will be caught immediately. The government has implemented this new rule to curb fake PAN cards.
Why is PAN card necessary?
In today’s time, PAN card is very important. Not only for filing income tax, but now PAN card is useful everywhere – whether opening an account, buying property or making a cash transaction of more than Rs 50,000.
Fraud cases related to PAN card are increasing continuously
Fraud cases related to PAN card are increasing day by day. Hackers steal personal and banking information of people by sending them messages to update their PAN cards. Till now many such cases have been seen in the country, after which the government has taken a strict step.
Benefits of PAN 2.0
PAN 2.0 will have many benefits. With the arrival of the new version, cases of fraud will be curbed and now the QR code will help in identifying real and fake PAN cards in a jiffy. Common people will get relief from cases of fraud and the financial system will become more transparent.
Do this work related to PAN card soon or else you will get into trouble
If you also have an old version of PAN card, then get it updated as soon as possible. The government says that it is wise to upgrade to PAN 2.0. You can update your PAN card by going to your nearest NSDL/UTIITSL.