NRI Property Sale: No More TAN! 🇮🇳 New Budget 2026 Rules Explained

Описание: Buying property from an NRI? Huge relief in 2026! The Union Budget 2026 has officially scrapped the mandatory TAN requirement for NRI property transactions under Section 397.
​In this video, The Viral Context breaks down the latest "NRI Tax Reset." If you’ve ever been confused by the complex TDS paperwork or feared getting a tax notice while buying from an NRI, this 7-slide deep dive is for you. We explain why the government moved from TAN to a PAN-based system and how it aligns with global trends like the EU’s transparency laws.
​In this video, you will learn:
✅ What is the new Section 397 amendment in Budget 2026?
✅ Why the "TAN Bottleneck" was costing you ₹30,000 in CA fees.
✅ How India is following the EU’s "Tax Friction" reduction strategy.
✅ Step-by-Step Action Plan for property deals after October 1, 2026.
✅ How to avoid the 200/day penalty for missing TDS returns.
​Timestamps:
00:00 - Why NRI property deals are getting easier
01:15 - Budget 2026: The Source (Section 397)
02:30 - The "Deep Why": The end of the TAN headache
04:00 - Global Context: India vs. EU Talent Strategy
05:15 - Financial Impact: Saving time and CA fees
06:45 - Your 3-Step Action Plan
07:30 - Conclusion: Is trust-based governance here?
​Key Dates to Remember:
📌 October 1, 2026: The new PAN-based TDS system officially begins.
​Sources:
​The Economic Times (Budget 2026 NRI Rule Changes)
​The Hindu (Real Estate Structural Reforms 2026)
​EU-India Joint Strategic Agenda (Professional Mobility)
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