PAN Card Update 2026: 5 Key Rules Likely From April 1, From Bank Deposit To Vehicle Sale

• Central Government invites public feedback on draft Income Tax Rules applicable up to 2026.
• Proposed changes aim to simplify tax regulations and align with Income Tax Act 2025.
• Annual cash deposit limit for PAN details proposed at Rs 10 lakh, replacing daily Rs 50,000 cap.
• PAN required for vehicle sales only if value exceeds Rs 5 lakh; hotel/restaurant payments above Rs 1 lakh.
• Immovable property PAN threshold to double to Rs 20 lakh; insurance policy rules may expand.