CBDT has issued a Press Release on #PAN2.0 containing some clarification FAQs. Among others, I find FAQs No. 3 & 7, important.

In FAQ 3, my understanding that taxpayers having existing PAN numbers will not be required to reapply for new PAN in PAN 2.0 & their existing PAN Nos. will continue to be valid, has been confirmed by CBDT.

Further, FAQ No 7 clarifies the misunderstanding concerning QR Code and it states as under:

“QUESTION 7 i. If new PAN cards are QR code enabled, will older ones continue to function as it is? What will QR code help us with?

i. The QR code is not a new feature, and it has been incorporated in the PAN cards since 2017-18. The same will be continued under PAN 2.0 project with enhancements (dynamic QR code which will display latest data present in PAN database). PAN holders having an old PAN Card without QR code have an option to apply for a new card with QR code in the existing PAN 1.0 eco-system as well as in the PAN 2.0.

ii. iii. The QR code helps in validating the PAN and PAN details. Presently, a specific QR reader application is available for verification of QR code details. On reading through the reader application, complete details, i.e., photo, signature, Name, Father’s Name/Mother’s Name and Date of Birth is displayed.” Sharing below the full Press Release, for ready reference of All.