Budget 2026 Urged to Simplify Tax Rules for NRI Property Sellers Facing TDS Delays

Current tax regulations for property sales by Non-Resident Indians (NRIs) in India involve complex compliance under Section 195, leading to significant fund blockages. A Deloitte pre-Budget 2026 report highlights that 12.5 to 31.2 percent of sale proceeds can remain locked with tax authorities, restricting liquidity and reinvestment. Unlike resident sellers, buyers of NRI properties face additional requirements like obtaining TAN and filing e-TDS returns. Experts suggest Budget 2026 should simplify these rules to ease compliance and reduce financial burdens on both buyers and NRI sellers.