New income-tax draft rules 2026: What it means for your salary, PAN and property

New income-tax draft rules 2026: What it means for your salary, PAN and property
The draft rules indicate a big shift in how PAN will be used in everyday financial transactions. One of the key proposals is a higher threshold for quoting PAN in cash dealings. Currently, individuals must provide PAN for a single cash deposit above Rs 50,000 in a day.