Thursday 07 Aug, 2025 05:43 PM
Site map | Locate Us | Login
   Bajaj Electricals Q1 PAT tumbles 97% YoY    Page Inds Q1 PAT climbs 22% YoY to Rs 201 cr; declares dividend of Rs 150/sh    Carborundum Universal drops after Q1 PAT slides 45% YoY to Rs 62 cr    Kilburn Engineering Q1 PAT climbs 84% YoY to Rs 21 cr    Godfrey Phillips India Ltd leads losers in 'A' group    Atul Auto gains as Q1 PAT skyrockets 171% YoY to Rs 2 cr    RateGain Travel Tech gains after Q1 PAT climbs 3% YoY to Rs 47 cr    Igarashi Motors India Ltd leads losers in 'B' group    Caplin Point Labs jumps as Q1 PAT rises 21% YoY    Volumes spurt at ITI Ltd counter    LTIMindtree bags Rs 792 crore PAN 2.0 project from CBDT    Varun Beverages Ltd down for fifth straight session    PVR Inox gains as Q1 losses narrow    Fortis Healthcare hits all-time high after Q1 PAT climbs 57% YoY to Rs 260 cr    Transrail Lighting hits all-time high after PAT more than doubles to Rs 106 crore 
Saravan Stocks
       
Hot Pursuit
Scrips, which has significant changes during the market hours.
LTIMindtree bags Rs 792 crore PAN 2.0 project from CBDT
07-Aug-25   14:21 Hrs IST

As part of the Government-to-Citizen (G2C) initiative, the company will design, build, and manage an integrated digital platform that consolidates PAN and TAN services. This project is a key component of the government's e-governance efforts aimed at making it easier for citizens and businesses to access and manage one of India's core financial identity systems.

According to an exchange filing, LTIMindtree will be responsible for designing, building, and operating the full technology backbone, which includes infrastructure, security, automation, and ongoing operations. The company will deliver an end-to-end digital AI ecosystem covering the entire PAN service lifecycle ' from application and validation to printing and dispatch ' all through a user-friendly platform. This aligns with the government's initiative to provide services to Indian citizens through seamless digital channels.

The project scope involves migrating existing PAN data using AI-led deduplication and securely integrating it with the Aadhaar Data Vault. It also includes establishing robust infrastructure such as a Data Centre (DC), Disaster Recovery (DR) site, Network Operations Centre (NOC), and Security Operations Centre (SOC). LTIMindtree will set up operational facilities at the Income Tax Department premises and implement a call centre, multilingual helpdesk, and grievance redressal system to support citizens. Additionally, the company will oversee audit and certification processes to ensure compliance and quality assurance while providing long-term operations and maintenance to keep the platform reliable, secure, and scalable.

Scheduled for rollout over the next 18 months, PAN 2.0 is expected to significantly enhance the efficiency and transparency of tax identity services in India. Beyond operational improvements, the project strengthens the government's broader digital transformation strategy by introducing smarter processes, stronger safeguards, and improved access for millions of users. For LTIMindtree, this mandate marks a significant milestone in its ongoing mission to deliver impactful, national-scale digital solutions.

Venu Lambu, CEO and managing director of LTIMindtree, said, 'We're honoured to be entrusted with building this next-generation platform, PAN 2.0 is a flagship opportunity to demonstrate how AI and technology can elevate the everyday experience of citizens. It strengthens our partnership with the Government of India and reflects our shared commitment to building a resilient, future-ready public digital infrastructure.'

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients.

The scrip declined 1.04% to Rs 4,985 on the BSE.

Powered by Capital Market - Live News

   Attention Investors : Prevent Unauthorized Transactions in your demat account --> Update your Mobile Number with your Depository Participant. Receive alerts on your Registered Mobile for all debit and other important transactions in your demat account directly from CDSL on the same day........issued in the interest of investors.
   Attention Investors : Prevent unauthorised transactions in your account Update your mobile numbers/email IDs with your stock brokers / Depository Participant. Receive information of your transactions directly from Exchange / Depositories on your mobile / email at the end of the day .... Issued in the interest of Investors.
   Attention Investors : KYC is one time exercise while dealing in securities markets - once KYC is done through a SEBI registered intermediary (broker, DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.
   Attention Investors : No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorise your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account."
Email ID: info@ssplwealth.com       Customers grievances : grievances@ssplwealth.com     Compliance officer : Mr.R Udayakumar , compliance@ssplwealth.com,  Mobile No: 7305522205
Hit Count : 43274876
SEBI Regn.Nos : NSE/BSE-INZ000192638 | CDSL : IN-DP-262-2016
Member IDs : NSE : 11221 | BSE : 6292 | CDSL : 12045000 | MCX : 56990 | AMFI Regn.No : 2662
Designed , Developed & Content provided by CMOTS INFOTECH.(ISO 9001:2015 certified) © Copyright 2011 All Rights Reserved. SSPL Securities Private Limited