FM Sitharaman formally launches scheme for instant allotment of online PAN

In order to ease the process of allotment of PAN number, Finance Minister Nirmala Sitharaman, on 28 May 2020, officially launched the facility for instant online PAN allotment on furnishing Aadhaar details.
Under this system, Permanent Account Number (PAN) shall be instantly allotted online on the basis of Aadhaar without filling up the detailed application form.
The ‘beta version’ for instant allotment of PAN on trial basis was started on February 12, 2020 on the e-filing website of the Income-Tax Department.
Only those applicants who have a valid Aadhaar number and a mobile number registered with Aadhaar can use this facility.
The electronic PAN (e-PAN) will be issued to applicants free-of-cost.

How to use instant PAN facility

The applicant is required to visit the e-filing website of the income tax department to provide her/his valid Aadhaar number and then submit the OTP received on her/his Aadhaar registered mobile number.
On successful completion of this process, a 15-digit acknowledgment number is generated.
If required, the applicant can check the status of the request anytime by providing their valid Aadhaar number and on successful allotment, can download the e-PAN.
The e-PAN is also sent to the applicant’s email address, if it is registered with Aadhaar.