PAN Rule Changes — Draft I-T Rules 2026
Here’s what may change 👇
🔹 No PAN needed for motor vehicle purchases below ₹5L ( Earlier it was 2L )
🔹 PAN mandatory for property transactions above ₹20L ( Earlier it was 10L )
🔹 PAN required for hotel/restaurant payments exceeding ₹1L ( Earlier it was 50K )
🔹 PAN needed for cash deposits/withdrawals of ₹10L+ annually
👉 Focus clearly on tracking high-value transactions while easing smaller ones.
Big shift in compliance framework. Stay aware.
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