🚨 BIG UPDATE: PAN Card Rules Overhaul from April 1, 2026! 🚨

 🚨 𝗕𝗜𝗚 𝗨𝗣𝗗𝗔𝗧𝗘: 𝗣𝗔𝗡 𝗖𝗮𝗿𝗱 𝗥𝘂𝗹𝗲𝘀 𝗢𝘃𝗲𝗿𝗵𝗮𝘂𝗹 𝗳𝗿𝗼𝗺 𝗔𝗽𝗿𝗶𝗹 𝟭, 𝟮𝟬𝟮𝟲! 🚨

𝘞𝘩𝘢𝘵 𝘊𝘩𝘢𝘯𝘨𝘦𝘴 𝘜𝘯𝘥𝘦𝘳 𝘵𝘩𝘦 𝘐𝘯𝘤𝘰𝘮𝘦 𝘛𝘢𝘹 𝘈𝘤𝘵 2025?

From 1 April 2026, PAN reporting rules shift from Rule 114B under the Income Tax Act 1961 to Rule 159 under the Income Tax Act 2025.

This is not cosmetic. It tightens financial traceability.

Here is a quick comparison.

𝗘𝘅𝗶𝘀𝘁𝗶𝗻𝗴 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 – 𝗥𝘂𝗹𝗲 𝟭𝟭𝟰𝗕 (𝗜𝗧𝗔 𝟭𝟵𝟲𝟭)

PAN mandatory for:

• Cash deposits above ₹50,000 in a day

• Cash payments above ₹50,000 for bank drafts or pay orders

• Sale or purchase of immovable property above ₹10 lakh

• Credit card payments above ₹1 lakh in cash

• Investment in mutual funds, bonds, shares above ₹50,000

• Opening bank or demat accounts

Threshold driven. Transaction specific.

𝗣𝗿𝗼𝗽𝗼𝘀𝗲𝗱 𝗙𝗿𝗮𝗺𝗲𝘄𝗼𝗿𝗸 – 𝗥𝘂𝗹𝗲 𝟭𝟱𝟵 (𝗜𝗧𝗔 𝟮𝟬𝟮𝟱)

• Wider reporting coverage across financial transactions

• Lower tolerance for high value cash movement

• Integration with digital reporting systems

• Stronger linkage between PAN and real time data trails

• Increased compliance responsibility on institutions

Direction is clear.

Less cash. More traceability. Faster data matching.

𝗪𝗵𝗮𝘁 𝗧𝗵𝗶𝘀 𝗠𝗲𝗮𝗻𝘀

For Individuals

• High value transactions will be more visible

• Structuring to avoid reporting will not work

For Businesses

• KYC systems must be updated

• ERP and compliance processes need alignment

• Documentation gaps will invite scrutiny

This is a compliance shift, not just a procedural update.

𝗪𝗵𝗶𝗰𝗵 𝗰𝗵𝗮𝗻𝗴𝗲 𝗶𝗺𝗽𝗮𝗰𝘁𝘀 𝗬𝗢𝗨 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁?

💰 Cash-heavy business?

🏠 Planning a property buy?

🚗 Eyeing a new ride under 5L?

Comment your view. Let’s debate

#PANRules2026 #IncomeTaxUpdate #TaxTips #FinanceIndia #CBDT