In a major advancement for India’s digital tax infrastructure, LTIMindtree has secured the PAN 2.0 tender from the Income Tax Department. Valued at ₹792.5 crore, this initiative will unify all PAN and TAN-related services into a single, seamless digital platform.
What Is PAN 2.0?
PAN 2.0 is a flagship government project designed to consolidate:
- Permanent Account Number (PAN) services
- Tax Deduction and Collection Account Number (TAN) services
Currently fragmented across various portals, the initiative will merge operations into a secure, paperless system—streamlining interactions for both individuals and businesses.
LTIMindtree’s Responsibilities
As the chosen implementation partner, LTIMindtree will oversee:
- Full-scale design and development of the platform
- Hardware and software procurement
- Data migration from legacy systems
- Integration with internal and external digital ecosystems
- Long-term operations and maintenance
The rollout is expected to be completed within 18 months.
Key Features of the Unified Platform
| Feature | Details |
|---|---|
| Single-window Access | PAN/TAN services in one place |
| Aadhaar-PAN Integration | Real-time linking and validation |
| QR Code Upgrade | Enhanced security for PAN cards |
| PAN Data Vault | Safe storage of linked financial data |
| Correction Portal | Faster update workflows |
| Business Identifier Unification | PAN as core ID across government systems |
Project Background
- The tender was finalized after a competitive bidding process.
- Rivals such as TCS and NSDL e-Gov were disqualified at various stages.
- The Cabinet Committee on Economic Affairs approved the project in November 2024, with a total outlay of ₹1,435 crore.
Market Reaction
LTIMindtree’s shares rose 1.42% post-announcement, closing at ₹5,088.25. Though the stock has seen a 10.33% YTD decline, this win rekindles market confidence in its public sector capability.
Final Thoughts
PAN 2.0 isn’t just a digital facelift—it’s an infrastructure overhaul. With LTIMindtree leading the charge, over 78 crore PAN holders could soon experience more reliable, faster, and transparent services.
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