Draft income tax rules: PAN no more compulsory for hotel bills below ₹1 lakh, cash withdrawals & deposits below ₹10 lakh

Days after Finance Minister Nirmala Sitharaman's Budget 2026 announcement, the Central Board of Direct Taxes (CBDT) has brought forward the draft rules and forms for public comments pertaining to the new Income Tax Act, 2025.

from mint - money