PAN Card Rules Overhaul: Major Changes from April 1, 2026 for High-Value Transactions

• New PAN rules effective April 1, 2026, impacting cash deposits, vehicle purchases, property, and insurance.
• PAN mandatory for cash deposits/withdrawals of ₹10 lakh+ annually; previously ₹50,000 daily.
• PAN required for vehicles (car, SUV, bike) exceeding ₹5 lakh; previously for all car purchases.
• Hotel/event bills over ₹1 lakh now require PAN; previously ₹50,000.
• Property transactions (purchase, sale, gift) exceeding ₹20 lakh mandate PAN; doubled from ₹10 lakh.