The Ministry of Finance reported that 379,212 new taxpayers were added during the first half of the current fiscal year. These included 55,242 Business PAN registrations, 304,890 Personal PANs, and 13,257 VAT registrants. With these additions, the total number of PAN holders has reached 7.36 million, while VAT registrations stand at nearly 365,000. An additional 4,952 taxpayers registered for excise duty, bringing the total in that category to 129,949. The expansion reflects ongoing efforts to formalize the economy and broaden the tax base.
