A resident buying property from an NRI must obtain a TAN, pay tax under Section 195, and submit quarterly TDS returns, similar to corporations. However, for most homebuyers, purchasing a home is a one ...

There is widespread concern among banks' customers over charges imposed by deposit money banks amidst the implementation of the new tax laws.While the Nigerian Revenue Service (NRS) had assured that ...

The Bill simplifies filings, eases compliance, and boosts certainty. Key takeaways include revised deadlines, MAT changes, ...

Some have even added tax-prep options: You can submit both federal and state returns through Cash App Taxes and get the refund deposited into your CashApp account. It doesn't cover every tax situation ...

The law addressed the compliance burden faced by resident buyers purchasing property from non-resident sellers. It was held that resident individuals and HUFs need not obtain TAN for such transactions ...

Union Budget 2026 eases NRI property sales by replacing TAN with PAN for TDS, boosting real estate transactions and ...

The Union Budget 2026-27 has eased compliance for individuals buying property from non-residents. Buyers will no longer need ...

In terms of tax proposals, specifically for individual and small taxpayers, rather than offering immediate tax rate ...

By removing the TAN requirement, Budget 2026 eliminates a key hurdle in NRI property sales. Buyers can now comply using only ...

Tax Deducted at Source (TDS) on the sale of immovable property by non-residents will now be deducted and deposited by ...

The Union Budget for FY27 proposed removing the TAN requirement for residents buying property from NRIs and routing TDS payments through the buyer’s PAN-based challan.

The cumbersome TAN requirement has been abolished, and Indians will be able to acquire properties owned by NRIs in India easily, say experts.