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It consolidates all PAN/TAN activities and validation services into a single ecosystem for improved efficiency. The system overhaul will enhance infrastructure and replace the PAN/TAN 1.0 ecosystem.
India has issued 78 crore PAN cards, with 98% held by individuals. The existing PAN/TAN 1.0 ecosystem has been functional for years but lacks the technological advancements needed for modern tax ...
The new system aims to upgrade the current PAN/TAN 1.0 eco-system, consolidating the core and non-core PAN/TAN activities and the PAN validation service, as per the official release.