From November 1 onwards every person has to quote his or her PAN for entering into transaction that falls into the following categories:

1. Sale and purchase of any immovable property valued at Rs 5 lakh or above
2. Sale or purchase of a motor vehicle which requires registration under the Motor Vehicles Act, 1988.
3. A time deposit exceeding Rs 50,000 with a bank.
4. A deposit exceeding Rs 50,000 in any account with post office savings bank.
5. A contract of a value exceeding Rs 10 lakh for sale or purchase of securities.
6. Opening an account with a bank.
7. Making an application for installation of a telephone connection (including a cellular telephone connection).
8. Payment to a hotel or a restaurant of an amount exceeding Rs 25,000 rupees at any one time.