New Reporting Framework for Payments to Non-Residents and Foreign Companies

Last updated: 14 February 2026 Follow on Google News

The Income-tax Department has proposed Draft Form No. 145, prescribing an expanded compliance framework for remittances made to non-residents (not being companies) and foreign companies. The draft form significantly enhances disclosure requirements relating to tax deduction at source (TDS), Double T

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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