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Major Pan Card Rule Changes Effective April 1, 2026: Eight Key Updates You Need to Know
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PAN Card Rule Changes from April 1, 2026: 8 Major Updates Impacting Investments & Luxury
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News18
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28-02-2026, 18:36
PAN Card Rule Changes from April 1, 2026: 8 Major Updates Impacting Investments & Luxury
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Eight significant changes to PAN Card rules will be implemented from April 1, 2026, linking PAN with draft income tax rules.
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New rules will focus on large transactions, including cash deposits/withdrawals, car purchases, hotel deals, and property transactions.
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PAN will be mandatory for cash withdrawals of Rs 10 lakh or more annually, and for single-day transactions of Rs 50,000 or more.
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Property transactions exceeding Rs 20 lakh, and hotel/event bills over Rs 1 lakh will require PAN.
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Annual insurance premiums of Rs 50,000 or more will also necessitate a PAN Card, simplifying tax tracing for large financial activities.
Read Full Article on News18 in Bengali
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