Government of India has proposed to initiate projects to further improve the technology backbone of the Income Tax department. Real time PAN/TAN Processing Centre (RTPC) is being contemplated for future with the objective of allotment of e-PAN through Aadhaar based e-KYC on near to real time basis.
The government has proposed to initiate projects to further improve the technology backbone of the Income Tax department which would result in enhanced time-bound services to the taxpayers in addition to increasing their voluntary compliance.
Income Tax department is working on a real-time PAN-TAN centre to further reduce the time required to allot PAN, particularly for the applicant’s applying through Aadhaar-based e-KYC route by bringing suitable upgradation in the allotment processes and infrastructure.
Tax Deduction and Collection Account number (TAN) is a 10-digit alphanumeric number which every tax deductor is required to quote while making any tax payment to the Central Government.
Permanent Account Number (PAN) is a 10-digit alphanumeric code issued by the I-T department to uniquely identify tax payers.
The I-T department is also working on ‘Project Insight’ which is an integrated data warehousing and business intelligence platform which is being rolled out in phased manner as it aims to strengthen non-intrusive information driven approach for improving compliance.