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of <h1>Instant PAN via Aadhaar e-KYC: Free, Paperless, and Issued in 10 Minutes to Boost Digital India Initiative.</h1> The Finance Minister launched an instant PAN facility using Aadhaar-based e-KYC, aligning with the Union Budget announcement. This service is available to applicants with a valid Aadhaar and registered mobile number, offering a paperless process to receive an e-PAN free of charge. Since its trial on February 12, 2020, over 6.77 lakh instant PANs have been issued within about 10 minutes each. As of May 25, 2020, 50.52 crore PANs have been allotted, with 32.17 crore linked to Aadhaar. The initiative supports Digital India by simplifying taxpayer compliance.
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