IT dept. working on app to pay income tax, apply for PAN

IT dept. working on app to pay income tax, apply for PAN

In step with government’s digital India drive, the Income Tax department is said to be developing an app that will soon allow assessees to pay taxes or apply for PAN using smartphones. The department is also working on a project to issue PAN to assessees within minutes by way of e-KYC authentication using Aadhaar, a move that will help bring more people under the tax net by making it easier for people to get Permanent Account Numbers.

An official revealed that the app concept is at a preliminary stage. It will enable assessees to pay taxes online, apply for PAN or track tax returns.

So far, more than 111 crore Aadhaar numbers have been issued. The unique identification number is being used for getting a new SIM card, for opening bank accounts, transfer of subsidies and also for biometric based digital payments under Aadhaar Enabled Payment System.

As per the government estimate, every year 2.5 crore people across the country apply for PAN cards. There are currently more than 25 crore PAN cardholders in the country.

Advertisements

Leave a Reply