New PAN norms 2026: Where quoting is relaxed and where it’s now mandatoryNew Income Tax Rules, 2026 have relaxed PAN quoting for several transactions, including cash deposits and debit card applications. However,...
23 May, 2026, 09.59 AM IST
As rupee dips, I-T steps up vigil on shady outflowsIn multiple cases, individuals have used dozens of fake permanent account numbers (PANs) with the same name but different addresses and dat...
15 May, 2026, 01.12 AM IST
12 key income tax form changes every taxpayer should know: From Form 16 to Form 168A new Income-tax Act arrives on April 1, 2026. It brings fresh income tax forms and replaces many old ones. Taxpayers will use these new fo...
08 May, 2026, 10.09 AM IST
Revised post office transaction norms based on New Income-tax Rules, 2026: PAN mandatory for these transactions; more rules explainedThe Department of Posts now mandates quoting Permanent Account Number (PAN) for specified transactions. Individuals without a PAN must subm...
01 May, 2026, 02.09 PM IST
PPFAS Mutual Fund among 15 AMCs to offer voluntary lock-in for folios. Here is how Sebi’s rule worksMutual fund investors can now temporarily block withdrawals and debits from their folios, with 15 AMCs, including PPFAS Mutual Fund, rollin...
01 May, 2026, 12.15 PM IST
NRI but using resident savings account? Here’s what you must know about NRE, NRO, and FEMA rulesNRIs must update their Indian bank accounts to NRE or NRO status to comply with FEMA regulations. Failing to do so can result in significan...
30 Apr, 2026, 12.07 PM IST
No PAN, no purchase allowed - not even with Form 97; PAN is now mandatory for these high value transactions under new tax rulesNew Income Tax Rules, 2026, effective April 1, 2026, mandate PAN for several high-value transactions. Form 97 replaces Form 60, but its use...
28 Apr, 2026, 02.21 PM IST
Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax DepartmentThe Income Tax Department has introduced a new Form 97, replacing Form 60, for individuals without a PAN card undertaking specific transact...
20 Apr, 2026, 03.01 PM IST
PAN rules change from April 1: Higher PAN quoting limits; new Form 93; additional documents required for application and moreNew PAN card application forms are now in effect under the Income-ax Act, 2025, with category-specific forms replacing the Aadhaar-only opt...
01 Apr, 2026, 04.02 PM IST
New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explainedNew income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act....
01 Apr, 2026, 02.19 PM IST
PAN mandatory for entities in transaction over Rs 2.5 lakhThe 10-digit Permanent Account Number (PAN) would be used as Unique Entity Number for non-individuals, said the memorandum to the Finance B...
01 Feb, 2018, 08.25 PM IST
Bullion market closed due to protest against PAN card requirement"We have shut our shops to protest against the mandatory PAN card requirement," All India Sarafa Bazar Association Vice President S K Jain ...
10 Feb, 2016, 02.37 PM IST
PAN must for cash payment of hotel bill over Rs 50,000 from tomorrowPAN will be a must for all transactions, including purchase of jewellery, above Rs 2 lakhs in cash or through card with effect from Jan 1, ...
31 Dec, 2015, 05.04 PM IST
Government studying views against quoting PAN beyond Rs 1-lakh spend"Govt has received representation against the proposed regulation for mandatory disclosure of PAN number for transactions of Rs one lakh an...
24 Jul, 2015, 04.15 PM IST
- Company deposits, PO savings may require flashing PAN
You may now have to quote your permanent account number (PAN) in more financial instruments such as fixed deposits of companies or National...
24 Mar, 2008, 03.17 AM IST
- PAN mandatory for all transactions, insurance included
The next time you buy an insurance policy or carry out a transaction at the post office, you will be required to provide your PAN. Weekend ...
02 Mar, 2008, 07.20 AM IST
- PAN may turn must for all transactions
This move will help the government to monitor all transactions & later match with the tax payer's returns.
19 Feb, 2007, 01.00 AM IST