Finance Minister Nirmala Sitharaman announced significant tax reforms for Non-Resident Indians on February 1, 2026. Key ...
The move is aimed at easing compliance for resident buyers, who earlier had to apply for a TAN solely to deposit TDS when ...
TDS on sale of immovable property by a non resident is proposed to be deducted and deposited through resident buyers and his ...
Union Budget 2026 eases NRI property sales by replacing TAN with PAN for TDS, boosting real estate transactions and ...
Buying property in India from a non-resident seller has long come with a hidden complication: paperwork. In a significant ...
By removing the TAN requirement, Budget 2026 eliminates a key hurdle in NRI property sales. Buyers can now comply using only ...
Buying property from an NRI? Worried about obtaining TAN? Not anymore. To relax the compliance burden, the Budget has ...
Resident individuals and HUFs can now deduct tax using a simple PAN-based form, which is similar to regular domestic property ...
If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax deducted and file e-TDS returns.
Complex tax regulations concerning property sales by Non-Resident Indians (NRIs) are causing significant financial blockages and compliance issues.
A Canadian citizen of Indian origin lost his plea in the Delhi High Court to condone the delay in filing his income tax return. He failed to claim TDS deducted on the sale of his Rs 2 crore Indian ...