LTIMindtree to overhaul PAN infrastructure in major government project

IT company LTIMindtree has been selected by the Income Tax Department to modernise the country's Permanent Account Number (PAN) infrastructure under the new PAN 2.0 project. The project, listed on the government’s public procurement portal, involves upgrading the existing systems used for managing PAN and TAN records across India.

LTIMindtree secured the contract with a bid of ₹811.5 crore (excluding taxes), with the final adjusted bid coming in at ₹792.55 crore. The evaluation was done in line with the government's request for proposal (RFP) criteria.

Confirming the development an LTIMindtree spokesperson said, “We have been awarded this prestigious PAN2.0  project which looks to enhance the PAN issuance process and security through technology-driven innovation.

The new PAN 2.0 system is expected to go live within 18 months and will aim to make the process of issuing, updating, and validating PAN and TAN numbers more efficient and user-friendly. It will also cover services like Aadhaar-PAN linking and re-issuance requests.

Currently, the Income Tax Department maintains a massive database with over 78 crore PANs and more than 73 lakh TANs. Both PAN and TAN are essential identifiers for financial transactions, tax payments, and regulatory compliance in India.

The project was approved by the Cabinet Committee on Economic Affairs in November 2024 and is seen as a key part of India’s broader e-governance push. As announced in the 2023 Union Budget by Finance Minister Nirmala Sitharaman, PAN will eventually be used as a common business identifier across various government systems to improve coordination and reduce paperwork.

In a related development, LTIMindtree has appointed Gururaj Deshpande, popularly known as Guru, as its new Chief Delivery Officer. Reporting to CEO and Managing Director Venu Lambu, Guru will oversee key functions including Delivery Units, Talent Solutions, Global Delivery Centres, and Delivery Excellence. With over 30 years of experience in the IT industry, Guru has held senior roles at EY and Infosys, bringing deep expertise in global operations, digital transformation, and client delivery. In his new role, he will focus on strengthening service delivery, integrating AI at the account level, and enhancing global delivery capabilities. A graduate of the University of Mysore and the Stanford Global Leadership Program, Guru lives in Bengaluru with his family and has a keen interest in Indian classical music, trekking, and community service.