Getting an e-PAN card will soon take less than 10 minutes. 5 things to know

NEW DELHI: Making it easier to get a Permanent Account Number (PAN), the Income Tax department is now working on a new plan under which e-PAN cards can be allotted to applicants instantly. Minister of State for Finance Anurag Singh Thakur has told the Lok Sabha that the government is planning a PAN/TAN processing centre which will allot e-PANs in real-time or a maximum of 10 minutes.

5 things to know about new e-PAN cards:

1) “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 on near to real time basis (in less than 10 minutes),” Thakur told the Parliament.