Your PAN Card has just been changed by Modi govt! Check impact
[ad_1]
Updating your PAN Card through KYC could become a simplified task, thanks to a proposal by the Finance Minister N. Sitharaman proposed in the Union Budget 2023.
Highlighting the need of easing and simplifying the online KYC process, Finance Minister Nirmala Sitharaman announced a new proposal for PAN Card holders. With the mission of expanding Digital India mission, the Government will take this step-in order to enable a more efficient KYC process for all citizens in the country. This new initiative by the Modi government will see the PAN Card being used as a common identifier for all digital systems at government agencies. Finance Minister Nirmala Sitharaman said, "For business establishments required to have Permanent Account Number, the PAN will be used as a common identi...