PAN Card Rules to Change in 2026: New Limits for Transactions, Property, Vehicles

• Major changes to PAN card rules effective April 1, 2026, under new Income Tax Act 2025.
• PAN mandatory for total bank deposits/withdrawals of 10 lakh rupees or more annually, not daily 50,000.
• PAN required for motor vehicles priced over 5 lakh rupees; not for all vehicle purchases.
• PAN needed for hotel/event bills exceeding 1 lakh rupees, up from 50,000 rupees.
• Property transactions (buy/sell/gift) require PAN if value exceeds 20 lakh rupees, up from 10 lakh.