#nriproperty
NRI Landlords Alert: UK Address and Tax ID Now Required from April 2026
Non-Resident Indians (NRIs) earning rental income from properties in India may need to provide additional details such as their foreign address and Tax Identification Number (TIN), starting April 2026. This requirement comes under updated tax rules aimed at improving compliance in foreign remittances. Under the new framework, when rental income is transferred abroad and exceeds the specified threshold, certain compliance steps must be followed. These include submitting a Chartered A
NRI Landlords Alert: UK Address and Tax ID Now Required from April 2026
Non-Resident Indians (NRIs) earning rental income from properties in India may need to provide additional details such as their foreign address and Tax Identification Number (TIN), starting April 2026. This requirement comes under updated tax rules aimed at improving compliance in foreign remittances. Under the new framework, when rental income is transferred abroad and exceeds the specified threshold, certain compliance steps must be followed. These include submitting a Chartered A
Key Legal and Compliance Factors When Buying Property from an NRI
When buying property from a Non-Resident Indian (NRI), one of the key aspects that differentiates it from typical real estate transactions is the Tax Deducted at Source (TDS) under Section 195 of the Income Tax Act. While Indian residents are subject to a 1% TDS on property transactions above ₹50 lakh, the TDS rate increases significantly for property sales involving an NRI seller. The buyer must deduct TDS at rates starting from 20% and deposit it with the Indian income tax authorities. A
Key Legal and Compliance Factors When Buying Property from an NRI
When buying property from a Non-Resident Indian (NRI), one of the key aspects that differentiates it from typical real estate transactions is the Tax Deducted at Source (TDS) under Section 195 of the Income Tax Act. While Indian residents are subject to a 1% TDS on property transactions above ₹50 lakh, the TDS rate increases significantly for property sales involving an NRI seller. The buyer must deduct TDS at rates starting from 20% and deposit it with the Indian income tax authorities. A









