LTIMindtree awarded tender for PAN 2.0, governments one-stop platform for all PAN points: Sources

The authorities’s PAN 2.0 mission, which goals to convey onto one platform all of the companies referring to Permanent Account Numbers (PAN) and Tax Deduction and Collection Account Numbers (TAN), is predicted to be made operational in 18 months, based on sources within the Central Board of Direct Taxes.

The bid for the implementation of the mission was gained by LTI Mindtree at an adjusted bid worth of ₹792.5 crore, it has been learnt.

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“The PAN 2.0 Project of the Income Tax Department which was accepted by the Cabinet Committee on Economic Affairs (CCEA) has been awarded to the profitable bidder LTIMindtree Limited,” based on the supply who didn’t want to be recognized. “The mission is predicted to go stay in 18 months.”

According to officers, the PAN 2.0 will comprehensively deal with all points associated to PAN and TAN, together with allotment, updates and corrections, Aadhaar-PAN linking, re-issuance requests, on-line PAN validation, and so forth. Earlier, such companies have been unfold throughout three platforms — the e-filing portal, the UTI Infrastructure Technology And Services Limited portal, and the Protean e-Gov Portal.

“The PAN 2.0 mission is envisaged to simplify the PAN and TAN processes for improved high quality of service to the general public, quicker service supply and enhance grievance redressal mechanisms by leveraging newest applied sciences,” the official defined.

LTIMindtree might be tasked with designing, procuring, creating, putting in, commissioning, working, and sustaining all of the infrastructure elements, together with {hardware}, software program, networking, and PCs for all the PAN 2.0 system 2.

It may also have to make sure the entire migration of related legacy information to the brand new system and guarantee seamless integration with different inner and exterior methods, amongst different companies.

Watch: What is the PAN 2.0 mission?

LTI Mindtree beat out three different bidders, based on the bid paperwork seen by The Hindu. CSC e-Governance Services India Ltd didn’t assembly qualification standards for the bid, NSDL e-Governance Infrastructure Limited didn’t qualify previous the technical analysis spherical, and Tata Consultancy Services Ltd’s bid was rejected on the grounds of it submitting a non-responsive bid. That is, it didn’t meet a few of the bid standards.

The PAN 2.0 mission was accepted by the Cabinet Committee on Economic Affairs (CCEA) November 25, 2024.