Nirmala Sitharaman announces PAN to be a Common Business Identifier for all digital systems
By MYBRANDBOOK
Delivering the Budget speech 2023, Union Minister Nirmala Sitharaman has made two major announcements for Aadhaar cards and Permanent Account Number (PAN) cards. PAN cards will be used as a common identifier for all digital systems for specified government agencies. For certain agencies, PAN will be the most important document and identification metric. This announcement is going to help the agencies track tax evasion and broaden the tax net.
An important announcement for Aadhaar users is also made. She said the government will create a one-stop solution for the identity and addresses of individuals maintained by the government agencies. She said the government will use DigiLocker and Aadhaar for this purpose.
"A one-stop solution for reconciliation and updating of identity and address of individuals maintained by various government agencies, regulators and regulated entities will be established using DigiLocker service and Aadhaar as foundational identity," she announced.
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