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.
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The GST Scam by Restaurants
Some restaurants are engaging in a GST scam by canceling their GST registration but continuing to charge GST to customers. This blog explains how this fraud works, its impact on consumers, and what you can do to avoid falling victim to it.
