PAN card holders can update their addresses for free and receive an e-PAN with a QR code via email. They can also request a physical copy for Rs 50. The initiative, PAN 2.0, aims to digitise the PAN and TAN administration system for better taxpayer services.

The FAQs released by the income tax department allow PAN card holders to update their addresses online for free if they have old addresses updated in the income tax records. Here is a step-by-step guide on how PAN cardholders can update addresses using Aadhaar based e-KYC.

As per the FAQs released by the Finance Ministry, current PAN cards will remain valid under the upgraded PAN 2.0 system. Existing PAN cardholders are not required to apply for a new card, but they have the option to upgrade their PAN at no additional cost.

The government launched PAN 2.0, featuring a QR code for better security. Users can update incorrect addresses in Income Tax records for free. A new e-PAN with a QR code will be sent via email. Reprinted PAN cards cost Rs.

The Income Tax Department has introduced PAN 2.0, a modernised system to simplify taxpayer services. Designed with advanced technology, it aims to enhance the PAN experience for millions of users.