Budget 2026: Key NRI-related income tax reforms - Simplified property transaction compliance
- Posted on February 3, 2026
- By Business News Today
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Budget 2026: Key NRI-related income tax reforms - Simplified property transaction compliance
Budget 2026 proposes that where an NRI sells immovable property in India, the resident buyer/HUF no longer needs a TAN for TDS. Instead, the buyer’s PAN-based challan can be used to deduct tax at source, reducing compliance burden for residents buying from NRIs. Simplified property transaction compliance
