Budget 2026 has made CBDT guidelines mandatory for all property TDS and transaction participants. This move aims to prevent ...

The move is aimed at easing compliance for resident buyers, who earlier had to apply for a TAN solely to deposit TDS when ...

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 ...

TDS on sale of immovable property by a non resident is proposed to be deducted and deposited through resident buyers and his ...

New Delhi: As per Section 195 of the Income Tax Act, when a non-resident Indian (NRI) sells a property, TDS is required to be deducted at 20 per cent plus surcharge and cess by the buyer from the sale ...

The Union Budget 2026–27 has proposed a calibrated reset of TDS and TCS rates across key sectors. While levies on alcohol, ...

The TDS rate would be higher (30% plus surcharge plus cess) if the immovable property was held for less than two years. When a non-resident Indian (NRI) sells a property, as per Section 195 of the ...

Purchasing a house can be a cumbersome task. You have to decide on a budget, arrange for the down payment and loan, select the property, negotiate with the seller, and also perform other statutory ...