I-T department working on allotting e-PAN on real-time basis: Anurag Thakur
  • Home
  • Latest Posting
    • Government Reforms
      • DBT
      • Aadhaar
      • GST
    • Payments
      • Payment Gateways
      • ATM
      • Point of Sale
      • Payment Wallets
      • Fintech Apps
    • Banks
      • Public Sector
      • Private Sector
      • Cooperative
    • NBFCs
    • Year Ender
    • Interview
    • Articles
  • Magazines
    • Latest Magazines
    • Magazine Subscription
  • Newsletter
    • Newsletters Archive
  • Events
  • Webinars
  • Video Series
    • Innovation Talk
    • Fintech Dialogue
  • Advertise with us
  • Upcoming Initiatives
  • Contact Us
Search
  • About Us
  • Advertise With Us
  • Write For Us
  • Magazine Subscription
  • Conference Reports
  • Privacy Policy
  • Contact Us
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Elets BFSI
  • Home
  • Latest Posting
    • Government Reforms
      • DBT
      • Aadhaar
      • GST
    • Payments
      • Payment Gateways
      • ATM
      • Point of Sale
      • Payment Wallets
      • Fintech Apps
    • Banks
      • Public Sector
      • Private Sector
      • Cooperative
    • NBFCs
    • Year Ender
    • Interview
    • Articles
  • Magazines
    • Latest Magazines
    • Magazine Subscription
  • Newsletter
    • Newsletters Archive
  • Events
  • Webinars
  • Video Series
    • Innovation Talk
    • Fintech Dialogue
  • Advertise with us
  • Upcoming Initiatives
  • Contact Us
Home News I-T department working on allotting e-PAN on real-time basis: Anurag Thakur
  • News

I-T department working on allotting e-PAN on real-time basis: Anurag Thakur

By
BFSI Network
-
July 9, 2019
Facebook
Twitter
WhatsApp
Linkedin
    e-PAN

    The income tax department is working on a processing centre for the allotment of e-PAN on a real-time basis, Minister of State for Finance Anurag Thakur informed Parliament.

    e-PAN

    “Real-time PAN/TAN Processing Centre (RTPC) is being contemplated for future with the objective of allotment of e-PAN through Aadhaar based e-KYC (Know Your Customer) on near to real-time basis (in less than 10 minutes),” Anurag Thakur said in a written reply to a question in the Lok Sabha.

    The government has initiated or proposed to initiate projects to further improve the technology backbone of the Income Tax department which would result in enhanced time-bound services to the taxpayers in addition to increasing their voluntary compliance, he said.

    The I-T department is working on a real-time PAN-TAN center to further reduce the time required to allot PAN, particularly for the applicant’s applying through ‘Aadhaar-based e-KYC’ route by bringing suitable upgradation in the allotment processes and infrastructure.

    Tax Deduction and Collection Account Number (TAN) is a 10-digit alphanumeric number which every tax deductor is required to quote while making any tax paid to the Central Government.

    Permanent Account Number (PAN) is a 10-digit alphanumeric code issued by the I-T department to uniquely identify taxpayers.

    (With Agency inputs)

    "Exciting news! Elets technomedia is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest insights!" Click here!

    Elets The Banking and Finance Post Magazine has carved out a niche for itself in the crowded market with exclusive & unique content. Get in-depth insights on trend-setting innovations & transformation in the BFSI sector. Best offers for Print + Digital issues! Subscribe here➔ www.eletsonline.com/subscription/

    Get a chance to meet the Who's who of the Banking & Finance industry. Join Us for Upcoming Events and explore business opportunities. Like us on Facebook, connect with us on LinkedIn and follow us on Twitter, Instagram & Pinterest.

    • TAGS
    • Aadhaar
    • e-PAN
    • income tax
    • Permanent account number
    Facebook
    Twitter
    WhatsApp
    Linkedin
      Previous articleRBI Governor expects quicker transmission of rate cuts by banks
      Next articleAadhaar Amendment Bill passed by Parliament
      BFSI Network

      RELATED ARTICLESMORE FROM AUTHOR

      Union Budget 2025

      Union Budget 2025-26 Expectations: Key Anticipations Across BFSI Sector as FM Nirmala Sitharaman Prepares to Present Budget

      Income tax regime

      No changes in income tax regime; Finance Ministry slams social media news

      Narendra Modi

      Aadhaar, DBT helped save leakage of Rs 2 lakh crore: PM Modi

      PAN,Aadhaar

      PAN or Aadhaar Now Mandatory for Cash Deposits or Withdrawals Above Rs 20 Lakh

      Income Tax Appellate Tribunal

      Cabinet clears appointment of judicial and accountant members for Income Tax Appellate Tribunal

      Abhinav Sinha

      Fintechs can offer financial institutions with expertise in timely tech acquisitions: Abhinav Sinha, Co-Founder, Eko

      Popular

      NBFCs Ranking

      India’s Top 50 NBFCs Ranking 2017

      October 17, 2017
      SBI

      SBI Recruitment 2019: Apply for Specialist Officers

      May 27, 2019
      NBFC in India 2020

      India’s Top 50 NBFCs’ Ranking 2020

      July 17, 2020
      Forbes

      Forbes releases ‘The World’s Best Banks 2019’, ten Indian banks in...

      March 6, 2019

      Small Finance Banks: Transforming Banking in India

      February 27, 2017
      Airtel

      Airtel partners HPCL for e-payments in Telangana, Andhra

      October 17, 2017
      Demonetisation

      Demonetisation – A Defining Moment For India

      March 4, 2017

      Govt deactivates 11 lakh PAN: Find out how to check your...

      August 8, 2017
       

      For Latest Updates

      Sign in into your account

      For continuing, Please agree our Terms & Conditions and acknowledge our Privacy Policy. This same account can be used across all Elets News portals.

      whatsapp--v1 JOIN US
      whatsapp--v1
      The Banking & Finance Post, a bi-monthly magazine published by Elets Technomedia Pvt Ltd, prides itself in spotting and highlighting key trends in the BFSI sector.
      Top Category
      • News5806
      • Article1036
      • Banks679
      • Interview606
      • Press Release358
      • Magazine285
      Latest Updates
       
       

      RSS Elets BFSI

      • Saarathi Finance Raises ₹475 Crores to Boost Formal Credit Access for India’s MSMEs
      • Arbitration Bill: How banks and NBFCs are leveraging ODR for faster settlements
      • Empowering Bharat: The NBFC-MFI Approach to Inclusive Growth
      • RBI Grants Approval to PayPal and Worldline as Cross-Border Payment Aggregators
      • Finance Minister Nirmala Sitharaman Reviews Innovative Fintech Solutions at Pine Labs

      Advertise with Us
       
       

      Advertising with The Banking & Finance Post, a unique opportunity to reach a huge global audience in the BFSI domain, we assure to present your brand’s message in a bigger and more beautiful way than any other platform.

      Get a quote

      Elets Upcoming Conferences
       
       

      9th Elets BFSI CXO Summit & Awards, Mumbai
      World Fintech Summit 2025 | Fintech Fest Bangalore
      Contact Us
       
       
       
      Elets Technomedia Pvt. Ltd.

      India Office: Stellar IT Park, Office No. 7A/7B, 5th Floor, Tower – 2 Annexe Building, C-25, Sector – 62, Noida, Uttar Pradesh – 201309, India
      Dubai Address: HD06C , 1st Floor, Dubai Internet city , Dubai

      • About Us
      • Advertise With Us
      • Write For Us
      • Magazine Subscription
      • Conference Reports
      • Privacy Policy
      • Contact Us
      © 2024 All rights reserved | Elets Technomedia Pvt Ltd