City taxpayers welcome instant PAN generation, demand quick corrections too

Ludhiana: Most taxpayers and the tax professionals in the city welcomed the instant PAN number generation facility by using Aadhaar card, launched by Union finance minister Nirmala Sitharaman on Thursday. But some insist the reform is not complete if the government does not allow the correction in PAN particulars instantly as well.
Speaking to TOI, Nitin Chawla, an auto parts trader, said, “Generation of PAN number instantly is a great move indeed and will help the future taxpayers immensely.The earlier system of generating acknowledgement number first and then waiting for the PAN number to be allotted and despatch of the PAN card was a long procedure. However, government must also start the system of instant correction and updation in the PAN number particulars. Presently, it is difficult to get the corrections done and again we have to complete a lot of formalities, only then corrections can be done.”
According to Manoj Gupta, a tax professional, instant PAN number generation will simplify the process. “But, in order for it to be a complete success, the finance minister should also ensure that correction in name or date of birth or other minor changes or mistakes should also be done instantly, if supported by sufficient proofs in this regard,” said Gupta.
Sachin Shourie, an advocate, is also happy that the new system will do away the long waiting period. But he too insists the government should include corrections of personal particulars the same way.