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Income Tax Revolution: PAN, HRA, and Crypto Watch Out!

Income Tax Revolution: PAN, HRA, and Crypto Watch Out!

Folks, brace yourselves! The Income Tax Rules, 2026 are here, and they’re huge! Starting April, if you’re moving more than ₹10 lakh, you better have that PAN ready! HRA claims? They’re getting a fantastic upgrade! And crypto? The government is watching you like never before! This is a tax revolution, folks, believe me!

Quick rundown

  1. Proposed Income Tax Rules 2026 may change compliance requirements.
  2. PAN required for cash deposits or withdrawals over ₹10 lakh annually.
  3. HRA rules now include more metro cities like Bengaluru and Pune.
  4. Crypto exchanges must report transactions under new draft rules.
  5. Final tax rules expected by March for April rollout.

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