New Delhi, August 4, 2025 — In a significant move toward digitizing India’s tax infrastructure, the Government of India has awarded the ₹792 crore PAN 2.0 project to LTI Mindtree, a leading global technology consulting and digital solutions firm.
The PAN 2.0 initiative is part of the Income Tax Department’s digital roadmap aimed at transforming the Permanent Account Number (PAN) system into a more secure, responsive, and AI-driven framework.
🛠️ What is PAN 2.0?
PAN 2.0 is a next-generation platform designed to upgrade and modernize PAN-related services using cutting-edge technologies such as:
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AI/ML for intelligent data processing
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Cloud-native architecture for scalability
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Advanced analytics for better decision-making
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Enhanced cybersecurity protocols
The platform will support services such as real-time PAN verification, fraud detection, and seamless integration with financial and regulatory systems.
🧾 Project Award and Scope
The contract, worth ₹792 crore, was awarded by the Income Tax Department under the Central Board of Direct Taxes (CBDT).
The scope of work includes:
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Design, development, and maintenance of PAN 2.0
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24/7 service operations
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Migration of legacy systems to the new platform
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Support for Aadhaar-PAN linking, KYC, and compliance modules
The project has a duration of 9 years, including a development phase followed by ongoing maintenance.
🏢 About LTI Mindtree
LTI Mindtree, part of the Larsen & Toubro Group, is known for its expertise in public sector digital transformations. It has delivered successful projects for UIDAI, GSTN, and other critical government infrastructures.
Company officials stated that the project would be executed in phases, with strong focus on data accuracy, user experience, and inter-agency connectivity.
💻 Why PAN 2.0 Matters
The PAN system is the backbone of India’s financial identity framework, used for:
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Income tax filings
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Bank and investment KYC
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Real estate and high-value transactions
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Financial fraud tracking
The older infrastructure has faced scalability and security challenges due to increasing data volumes, leading to the need for PAN 2.0.
🧮 PAN 2.0 and Digital Governance
This initiative aligns with the broader goals of Digital India, tax transparency, and citizen service delivery through smarter e-governance.
According to officials, PAN 2.0 will:
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Improve real-time analytics on tax compliance
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Reduce manual processing delays
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Enhance fraud prevention and identity validation
It also supports future capabilities like facial verification, voice-based user support, and automated redressal systems.
📊 Financial Impact
The ₹792 crore investment is expected to:
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Generate 1,500+ skilled IT jobs
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Reduce operational costs in the long run
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Increase efficiency of over 500 million PAN holders
Experts suggest this will also boost the ease of doing business by offering faster PAN issuance and updates.
🔍 Summary Table
| Project Detail | Information |
|---|---|
| Project Name | PAN 2.0 |
| Contract Awarded To | LTI Mindtree |
| Award Value | ₹792 crore |
| Awarding Body | Income Tax Department (CBDT) |
| Duration | 9 years |
| Purpose | Modernization of PAN services using AI and cloud |
| Impact | Faster PAN access, improved tax compliance |
