This company got a project worth 792 crores from the government, will work on PAN 2.0

News Topical, Digital Desk : Technology company LTIMindtree Limited on Thursday gave a big information to the stock market about an order. The company said in the exchange filing that it has received a PAN 2.0 project worth Rs 792 crore from the Central Board of Direct Taxes (CBDT). This project is to make India's PAN (Permanent Account Number) infrastructure completely digital and modern.

The PAN 2.0 project will be part of the Government to Citizen (G2C) initiative, under which all PAN and TAN services will be brought on an integrated, seamless digital platform. This will make it easier for citizens and businesses to access and manage their financial identity system.

What is the work in this project? LTIMindtree will design, build and operate the entire technical infrastructure construction, security, automation and continuous operation under this project. The company will develop a complete digital AI ecosystem that will make the entire life cycle of PAN service, application, verification, printing and distribution possible through a user-friendly platform. This information confirms the news given by CNBC-TV18 on Monday, August 4, quoting CBDT sources. Venu Lambu, CEO of LTIMindtree, said, "This project further strengthens our partnership with the Government of India. It also reflects commitment to building a public digital infrastructure that is being prepared for the future." When will the work start? Work on this project will be done within the next 18 months, which will significantly improve the transparency and capacity of tax identification services in India. On Thursday, LTIMindtree shares are trading 0.4% higher at ₹ 5,054.5, although its shares have fallen 11% so far in 2025.

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