PAN 2.0: No need to re-apply, your new e-PAN to be delivered via mail ID

India's Income Tax Department is launching PAN 2.0. The project will digitize PAN cards. Existing PAN cards remain valid. A digital version will be emailed to cardholders. A physical card will cost Rs 50. The project will consolidate PAN services onto one portal. PAN will become a common business identifier. This initiative aims to curb multiple PAN holdings.