ITR Filing Compliance: August 31 Deadline for Non-Audit Cases

The ITR due date for business & profession taxpayers not subject to audit has been permanently changed from 31st July to 31st August. Learn who is eligible and what it means for compliance.

How Budget 2026 Eases NRI Property Purchases in India

Budget 2026 brings a positive change for resident Indians buying property from NRIs. Effective 01.10.2026, buyers will no longer need a separate TAN for TDS; instead, TDS can be deducted and paid using the buyer’s PAN through Form 26QB — the same process used for resident sellers. Until then, the current TAN + Form 27Q system continues. This amendment simplifies compliance, reduces cost, and aligns NRI property purchases with resident transactions.