Earlier, resident buyers purchasing property from NRIs had to obtain a TAN only for one transaction, file TDS returns, and manage complex compliance.
This resulted in: Procedural difficulty
Delays in property transactions
Penalties for technical defaults
Budget 2026 fixes this.
✅ What Changed?
TAN requirement removed
PAN-based challan allowed for TDS deposit
TDS obligation under Section 195 continues
🎯 Why Government Did This?
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