The Income Tax Department has released the Draft Income Tax Rules, 2026 under the proposed new Income Tax framework, outlining changes to how Permanent Account Number (PAN) requirements apply to property transactions. One of the key proposals is to raise the reporting threshold for mandatory PAN disclosure in immovable property deals. Market experts recommend buying these stocks in today's trade If notified, the changes are expected to take effect from April 1. What is changing? Currently, PAN must be furnished for the purchase or sale of immovable property—such as a house or plot—if the transaction value exceeds Rs 10 lakh.