By removing the TAN requirement, Budget 2026 eliminates a key hurdle in NRI property sales. Buyers can now comply using only ...
Finance Minister Nirmala Sitharaman on Sunday simplified Tax Deducted at Source (TDS) on property sales by non-residents ...
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.
Rajesh Mehta, an NRI residing in the United States, is returning to Bengaluru after his five-year H1B visa expires. He owns three properties in the city, next to his child's school, where he plans to ...
Complex tax regulations for Non-Resident Indian (NRI) property sellers are causing significant fund blockage, with 12.5% to 31.2% of sale proceeds stuck. Budget 2026 should simplify Tax Deducted at ...