New Delhi, Aug. 5 -- The Income Tax (I-T) Department is expected to bring its ambitious Rs.1,435 crore PAN 2.0 project live next year, and has chosen IT major LTIMindtree as the Managed Service Provider (MSP) for the design, development, implementation, operations, and maintenance of the project.

Expected to be a "one-stop platform" to comprehensively handle matters related to PAN and TAN, such as allotment, updates or corrections, Aadhaar-PAN linking, re-issuance requests, online PAN validation etc., it is aimed at simplifying the PAN and TAN processes, enhance quality of service, and improving grievance redressal mechanisms.

The Cabinet Committee on Economic Affairs (CCEA) approved the I-T dept's Rs.1,435-crore project on November 25,...