New rule cuts paperwork for affordable housing, boosts deal speed and first-time buyer participation while retaining transparency in high-value transactions In a move that could quietly reshape ...
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Income tax draft rules: PAN thresholds raised for cash deposits, car buys, property transactions - Details
India’s Income Tax framework is set for a wide overhaul as the Draft Income Tax Rules propose higher transaction limits for quoting Permanent Account Number (PAN) across banking, property, vehicle ...
The Income Tax department has proposed to significantly ease the threshold for mandatory Permanent Account Number (PAN) quoting for gifts and immovable property, cash deposits/withdrawals and purchase ...
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Big update: Govt changes PAN rules for select high-value transactions - all you need to know
The government has unveiled the draft Income Tax Rules, 2026, proposing wide-ranging changes to PAN compliance norms, reporting requirements and digital payment recognition, in a key step towards ...
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