By removing the TAN requirement, Budget 2026 eliminates a key hurdle in NRI property sales. Buyers can now comply using only ...
FM Sitharaman also proposed a six-month disclosure window for small taxpayers—such as students, technology professionals and ...
The move is aimed at easing compliance for resident buyers, who earlier had to apply for a TAN solely to deposit TDS when purchasing property from non-resident Indians (NRIs).
TDS on sale of immovable property by a non resident is proposed to be deducted and deposited through resident buyers and his ...
Complex tax regulations for Non-Resident Indian (NRI) property sellers are causing significant fund blockage, with 12.5% to ...
The property that an NRI holds is categorised as a capital asset, which can be a long-term capital asset or a short-term capital asset. If you purchase a piece of property from a Non-Resident Indian ...
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 ...