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BUYING IMMOVABLE PROPERTY
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- HDFC Bank alerts clients on card swipe for overseas deals
- Buying property costing between Rs 20 lakh and Rs 45 lakh without a PAN? You must use new Form 97, says Income Tax DepartmentThe Income Tax Department has introduced a new Form 97, replacing Form 60, for individuals without a PAN card undertaking specific transact...20 Apr, 2026, 03.01 PM IST
- Deposited Rs 80 lakh cash during demonetisation: ITAT rejects property purchase claim, calls it unexplained incomeA Surat businessman's Rs 80 lakh cash deposit during demonetisation was deemed unexplained by ITAT Surat. The tribunal rejected his claim o...09 Apr, 2026, 05.57 PM IST
- Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changedNew tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for educatio...07 Apr, 2026, 02.31 PM IST
- Budget 2026 eases compliance burden for individuals buying immovable properties from NRIsThe Union Budget 2026-27 has eased compliance for individuals buying property from non-residents. Buyers will no longer need a TAN to deduc...02 Feb, 2026, 02.19 PM IST
- Big change for NRIs in Budget 2026: Simplification in property sale transactionsTax Deducted At Source (TDS) process is being simplified for NRI property sellers.01 Feb, 2026, 03.04 PM IST
- I am an OCI card holder, can I become a joint owner in a land bought by my mother?ET Wealth Reader's Query: I am an Overseas Citizenship of India (OCI) card holder and understand OCI cardholders cannot buy land in India, ...14 Nov, 2025, 10.46 AM IST
- Buying property in Delhi to get costlierHousing cost set to rise marginally in Delhi as the unified Municipal Corporation of Delhi hiked the transfer duty by 1 per cent on all pro...01 Jun, 2022, 02.46 PM IST
- Budget 2019 imposes TDS on parking charges, maintenance fees if buying houseCurrently, these charges were excluded while calculating the amount of tax to be deducted at the time of making payment for the property.05 Jul, 2019, 03.38 PM IST
- Government begins process of selling enemy properties; issues guidelinesThe MHA has also constituted a valuation committee at the district level, headed by the DM, and an inter-ministerial disposal committee, he...26 Mar, 2018, 04.31 PM IST
- Bill to amend law on govt buying immovable property introducedThe bill seeks to amend the provision to allow the central government to re-issue the notice of acquisition in order to ensure that the pro...18 Jul, 2017, 06.25 PM IST
- Banks need not report individual international immovable property buysEarlier in June this year, RBI had raised the remittance limit for individuals to USD 125,000 per year from previous limit of USD 75,000.11 Aug, 2014, 08.37 PM IST
- Foreign nationals buying immovable property illegally; authorities be extra vigilant: Finance MinistryAs per FEMA regulation, an Indian citizen resident outside India and PIO resident outside India may acquire immovable property in India oth...31 Jul, 2014, 08.53 PM IST
- RBI relaxes norms to buy immovable property abroadEncouraged by an improvement in the foreign exchange market, RBI raised annual overseas investment ceiling for individuals to $125,00018 Jul, 2014, 07.39 AM IST
- Rules regarding property ownership by NRIs in IndiaThe Foreign Exchange Management Act rules welcome investment in property in India by NRIs, PIOs, and in some cases, foreign nationals resid...12 Mar, 2012, 04.45 PM IST
- Centre cracks whip on illegal land acquisition by foreignersForeign nationals seeking to buy land or any building in India will now face greater scrutiny.02 Feb, 2009, 02.13 AM IST
- Real estate: Foreign nationals under close scrutinyForeign nationals seeking to purchase immovable property in India are set to face increased scrutiny.01 Feb, 2009, 06.52 PM IST
- Real estate: Foreign nationals under close scrutinyForeign nationals seeking to purchase immovable property in India are set to face increased scrutiny.01 Feb, 2009, 06.52 PM IST
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