Finance Ministry awards PAN 2.0 project to LTIMindtree

The Finance Ministry has announced the selection of LTIMindtree Ltd as the successful bidder for the PAN 2.0 project, said an official from the ministry, adding that the project is expected to be operational within 18 months.Another official said the project has been awarded at the contract value of around Rs 792 crore. The PAN 2.0 project seeks to simplify the processes of obtaining the PAN and Tax Deduction and Collection Account Number (TAN) by leveraging the latest technologies. This will enhance the quality of service to the public, expedite service delivery, and improve grievance redressal mechanisms.