Permanent Account Number (PAN) quoting is compulsory from 1/1/2016 for the following cash transactions

1.Settling Hotel Bills or Buying Air Tickets for Foreign Travels ... Rs. 50000 and above

2. Non Luxury Transactions ... Rs. 2 lakh and above irrespective of mode of payment.

3. Purchase of Immovable Property... Rs.10 lakh and above

4. Purchase of Jewellary or bullion .. Rs. 2 lakh and above

5.Payment for cash cards or prepaid instrument... Rs. 50000 and above

6.Purchase of Shares of unlisted Companies .. Rs. 1 lakh and above

7. Open Bank account except Pradhan Mantri Jan Dhan Yogna Accounts

8. Purchase of bank draft/pay order/banker cheque of equal denomination on a single day .. Rs.50000 and above (already in the Act)

9. Payment of Life Insurance Premium in a single year ... Rs.50000 and above

10. Post office deposits limits have been dispensed with.