Outlook Money
It is an end-to-end e-governance project by the ITD that aims to streamline the process for taxpayer registration and to collate procedures, which so far were separately conducted to obtain PAN and TAN.
The focus of PAN 2.0 lies on accessibility, data integrity, environmentally Friendly Process and security.
Core features include one platform for TAN and PAN services, free services to taxpayers, dynamic QR codes, paperless processes and 24/7 support services.
None of the PAN cards which are in current circulation will be cancelled, however people can get the updated features on a few one. If a taxpayer wants an updated card with OR codes, then a card is the replacement.
The benefits include efficient services, single master data management, better security, paperless process, and a better security.