The Union Finance Minister, Nirmala Sitharaman, has officially launched a new facility for instant PAN card allotment. This service allows eligible individuals with a valid Aadhaar number and a registered mobile number to obtain an electronic PAN (e-PAN) quickly and without any cost. The process is entirely paperless and streamlines the application, making it easier for taxpayers.
In line with the announcement made in the Union Budget, Union Minister for Finance Corporate Affairs Smt. Nirmala Sitharaman formally launched the facility for instant allotment of PAN (on near to real time basis) here today. This facility is now available for those PAN applicants who possess a valid Aadhaar number and have a mobile number registered with Aadhaar. The allotment process is paperless and an electronic PAN (e-PAN) is issued to the applicants free of cost.
It may be recalled t
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1 Year PLAN
1999
(Excl. of GST ₹359)
2 Years PLAN
3499
(Excl. of GST ₹629)
BEST VALUE
3 Years PLAN
4999
(Excl. of GST ₹899)
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FAQ :
It's a new service launched by the Finance Minister that allows eligible applicants to get a PAN card on a near real-time basis using their Aadhaar number.
Applicants who possess a valid Aadhaar number and have a mobile number registered with Aadhaar are eligible for this facility.
No, the instant PAN allotment process is free of cost, and an electronic PAN (e-PAN) is issued to applicants.
Applicants need to visit the Income Tax Department's e-filing website, provide their Aadhaar number, and submit the OTP received on their registered mobile number. An e-PAN is then issued.
A 'Beta version' of the instant PAN facility was started on 12th February 2020 on a trial basis, and it has now been formally launched.
During the trial period, the turnaround time for allotting an instant PAN was approximately 10 minutes.