Tax deduction at source

Purchasing immovable property from non-resident Indian NRI sellers will no longer need a separate tax deduction and collection account number, TAN, from October 1, 2026.

The change, introduced through the Finance Act 2026, will allow eligible buyers to use their permanent account number, PANSA, for depositing the applicable Tax Deducted at Source, TDS.

The reform removes an additional compliance step but does not eliminate the TDS obligation on NRI property transactions.

Buyers will continue to be responsible for deducting and depositing Aapkeet among the applicable tax.

And final piece is, um, as office jobs are replaced by gig jobs, and that too global gig jobs, even the TDS construct, even the TDS construct-

Tax Deducted At Source, right

... uh, that construct comes under pressure.

Mm.