There is going to be a major change in the rules related to PAN cards in India, which will directly impact ordinary people. The government has clarified that until March 31, 2026, people can only apply for a PAN card using their Aadhaar card.
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A major change is underway in the rules related to PAN cards in India, which will directly impact the general public. The government has clarified that until March 31, 2026, people can only apply for a PAN card using their Aadhaar card. After that, from April 1, 2026, new rules will come into effect, requiring additional documents.
Until now, people could easily obtain a PAN card using only their Aadhaar card, but in the new system, providing proof of date of birth (DOB) will be mandatory. Documents such as birth certificate, voter ID, 10th grade marksheet, driving license, passport, or an affidavit from a magistrate will be accepted. Furthermore, after April 1, the old PAN application form will no longer be valid, meaning if you have already filled out the form and the process is not complete, you will have to fill out a new form again.
Another major change is that the name on the PAN card will now be the same as the one on the Aadhaar card. This means there will be no option to provide any additional information. Additionally, the Income Tax Department has proposed changes to some financial regulations related to PAN. Previously, PAN was required for cash deposits exceeding ₹50,000 in a single day, but now this limit can be changed to an annual limit. PAN will only be required if cash deposits exceed ₹10 lakh in an entire financial year.
Relaxations are also being provided in the rules for buying and selling vehicles. Currently, PAN is required for every vehicle, but according to the new rules, it will not be necessary to provide PAN for vehicles costing less than Rs 5 lakh. Similarly, PAN was required for payments above Rs 50,000 in hotels and restaurants, but this could be increased to Rs 1 lakh.
Changes are also proposed in property-related rules. Currently, PAN is required for buying or selling property worth more than Rs 10 lakh, but this could be increased to Rs 20 lakh. The role of PAN may also be increased in insurance-related matters.
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