24-May-2026
Taxation
 
New PAN norms 2026: Where quoting is relaxed and where it’s now mandatory
23-May-2026

The new Income Tax Act, 2025 and Income Tax Rules, 2026 have introduced significant changes relating to PAN quoting, PAN usage and Form 60 (now re-engineered as Form 97). With these new regulations, the requirement to quote PAN for specific transactions has either been eliminated or made less strict.

News Source:- https://economictimes.indiatimes.com/wealth/tax/new-pan-norms-2026-where-quoting-is-relaxed-and-where-its-now-mandatory/articleshow/131272033.cms