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TAN REQUIREMENT FOR NRI PROPERTY PURCHASE
After Alibaug bungalow, Akshaye Khanna enters Mumbai's billionaire neighbourhood with Rs 33 crore luxury flat purchaseAkshaye Khanna has made another major real estate move by purchasing a luxury home in one of Mumbai’s most exclusive residential neighbourh...- Buying property abroad for your NRI child? Know how much Indian parents can transfer and the tax implicationsNavigating overseas property purchases for NRI/OCI children can be complex for Indian parents, entangled in regulations like FEMA and RBI's...
- Moving from UAE to India? 6-step financial homecoming guidebook to manage tax residency, bank accounts, Dubai property, and gratuityTax residency, bank accounts, Dubai property and gratuity all need sorting before and after you fly home.
- Buying property from an NRI? Know the new TDS, PAN, and Form 141 rules effective October 1Beginning 1 October 2026, resident Indian buyers will enjoy simplified compliance when purchasing property from non-resident sellers. They ...
- Purchased property below market value, filed no ITR, got income tax notice, paid the tax but asked to pay Rs 70,000 penalty; ITAT Delhi gives full reliefRs 70,000 penalty imposed on man for buying property below market value even though he paid the due tax after getting a notice; ITAT Delhi ...
- Can We Buy Gold In Pitru Paksha 2026? Should You Buy Jewellery During Shraddh Or Wait Until It Ends?Can you buy gold during Pitru Paksha 2026? Many families traditionally avoid gold jewellery and other celebratory purchases during Shraddh,...
- Good news: Property purchase from NRIs gets easier as govt amends Form 141; check how it helpsFrom October 1, 2026, Indian property buyers can buy properties from non-residents without getting a TAN. Instead a new system has been lau...
- TDS norms eased for buying NRI propertyThe CBDT has amended Income-tax Rules, 2026, allowing buyers to deposit and report TDS under Section 393(2) of the Income-tax Act, 2025 thr...
- In 2023, Matthew Perry bought his final LA home for $4.99 million; after it was listed for $5.195 million following his death, it eventually sold for $4.1 millionMatthew Perry’s final Los Angeles home has sold for $4.1 million after first hitting the market for $5.195 million. The Hollywood Hills pro...
- In 2012, Bank of America acquired a 20,900-square-foot Houston mansion through foreclosure for $2.12 million; 13 years later, after $14 million in renovations, it sold for up to $9 millionIn 2012, Bank of America picked up a 20,900-square-foot Houston mansion through foreclosure. The price was $2.12 million. That works out to...
- CBDT eases TDS compliance for property buyers dealing with non-residentsThe Central Board of Direct Taxes is set to simplify TDS compliance requirements for residents buying property from non-residents. From Oct...
- Grab execs buy back shares after stock hits three-year low on Atome dealTop executives of Grab bought more than $30 million worth of company shares this week after the Singapore-based ride hailing and financial ...
- Global Market: Grab executives buy over $30 million in shares after stock slumpGrab Holdings executives purchased over $30 million in shares to boost investor confidence following a 50% stock decline. The sell-off occu...
- Mixed martial arts bids to make the Olympics sans the wire cage and bloodA modified mixed martial arts version is being showcased at the Asian Games. This sport aims for Olympic inclusion in Brisbane by 2032. Org...
- Bengaluru entrepreneur shares 5 things to check before buying your first property. ‘These can be dealbreakers if missed’Navigating first-time property acquisition demands rigorous due diligence to mitigate high-stakes real estate risks. Before finalizing a la...
- A couple bought Marilyn Monroe’s final Los Angeles home and planned to demolish it; the city declared it a historic landmark, triggering a federal battle over property rights and lost valueMarilyn Monroe's former home in Los Angeles has transformed into a controversial site as owners contest the city's decision to designate it...
- Can NRIs save income tax by gifting shares to their resident parents? Know these tax rules before transferring sharesWhile giving shares to your parents who reside in your home country might appear as a thoughtful gesture, it has substantial tax considerat...
- How much money can NRIs transfer from NRO to NRE account in a year?Non-Resident Indians can effectively manage their Indian earnings via NRO accounts. They are allowed to transfer funds to NRE accounts, but...
- Canadian landlord asks tenant to vacate India property for personal use; Punjab & Haryana High Court rules in tenant’s favour; know whyTenant wins eviction case filed by Canadian landlord who cited personal reasons as the need for this property; Know how landlord lost the c...
- Indian property is an NRI favourite—but is it the smartest way to build wealth?For years, buying a home in India has been almost synonymous with investing for many Non-Resident Indians (NRIs). A flat in Mumbai, Delhi, ...
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