PAN card holders can update their addresses for free and receive an e-PAN with a QR code via email. They can also request a physical copy for Rs 50. The initiative, PAN 2.0, aims to digitise the PAN and TAN administration system for better taxpayer services.

A nominal fee is required for a physical PAN card. It is important to note that existing PAN cards will remain valid even without the QR code

The CCEA has given its approval for the PAN 2.0 Project of the Income Tax Department. What is it and how it will benefit taxpayers.

As per the FAQs released by the Finance Ministry, current PAN cards will remain valid under the upgraded PAN 2.0 system. Existing PAN cardholders are not required to apply for a new card, but they have the option to upgrade their PAN at no additional cost.

The Income Tax Department's PAN 2.0 offers digital e-PAN cards with a QR code for enhanced security, free for up to three requests. Physical PAN cards

The FAQs released by the income tax department allow PAN card holders to update their addresses online for free if they have old addresses updated in the income tax records. Here is a step-by-step guide on how PAN cardholders can update addresses using Aadhaar based e-KYC.