Easier Property Purchases from NRIs: Tax Changes Effective Oct 1

Starting October 1, 2026, buying property from NRIs simplifies as buyers can use their PAN instead of needing a separate TAN for TDS. This change streamlines tax reporting and payment, making it easier for resident individuals and HUFs to invest in immovable property. The new Form 141 will facilitate this process, enhancing the overall experience for property buyers.

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"Buying property just got a whole lot easier—who knew tax could be this friendly?"

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