PAN Card New Rules: Major Changes from April 1, 2026 - Are You Ready?

• Central government proposes new PAN rules effective April 1, 2026, simplifying tax regulations.
• Annual cash deposit limit for PAN requirement set at ₹10 lakh, replacing the daily ₹50,000 limit.
• PAN mandatory for motor vehicle transactions only if value exceeds ₹5 lakh, including two-wheelers.
• Hotel/restaurant payment PAN limit increased to ₹1 lakh from ₹50,000.
• Immovable property transaction PAN limit doubled to ₹20 lakh from ₹10 lakh.