Getting an e-PAN card will soon take less than 10 minutes. 5 things to know
Live MintMaking it easier to get a Permanent Account Number, the Income Tax department is now working on a new plan under which e-PAN cards can be allotted to applicants instantly. Minister of State for Finance Anurag Singh Thakur has told the Lok Sabha that the government is planning a PAN/TAN processing centre which will allot e-PANs in real-time or a maximum of 10 minutes. 5 things to know about new e-PAN cards: 1) "Real Time PAN/TAN Processing Centre is being contemplated for future with the objective of allotment of e-PAN through Aadhaar based e-KYC on near to real time basis," Thakur told the Parliament. 2) Following a notification issued by the Central Board of Direct Taxes in December 2018, e-PAN cards issued electronically in PDF format with a QR code are valid PAN cards.