NRI News NowNRI News Now explains new Indian tax, banking, property, OCI and remittance rules for non-resident Indians, with a link to the official notification in every story.https://nrinewsnow.com/en-inUS 1% remittance tax: cash-funded transfers to India are taxed, bank and card transfers are nothttps://nrinewsnow.com/news/us-remittance-tax-1-percent-section-4475/https://nrinewsnow.com/news/us-remittance-tax-1-percent-section-4475/Section 4475 has taxed some remittances from the US since 1 January 2026. Proposed IRS rules of April 2026 spell out which transfers to India pay the 1%.Sun, 25 Oct 2026 06:30:00 GMTRemittancescontact@nrinewsnow.com (Ashwani Kumar Srivastava)ICAI handbook on NRI residential status maps the old and new Income-tax Acts and FEMAhttps://nrinewsnow.com/news/icai-handbook-residential-status-nri/https://nrinewsnow.com/news/icai-handbook-residential-status-nri/ICAI's July 2026 handbook shows which Act decides NRI tax status for 2025-26 and for tax year 2026-27, where the wording shifted, and how FEMA differs.Sun, 25 Oct 2026 05:30:00 GMTTaxcontact@nrinewsnow.com (Ashwani Kumar Srivastava)No OCI re-issue for a new passport after age 20; cardholders must still update passport details onlinehttps://nrinewsnow.com/news/oci-no-reissue-new-passport-after-20/https://nrinewsnow.com/news/oci-no-reissue-new-passport-after-20/With the e-OCI card launched on 30 June 2026, MHA dropped mandatory OCI re-issue on a new passport after 20. Holders still update passport details online.Sun, 25 Oct 2026 04:30:00 GMTVisa & OCIcontact@nrinewsnow.com (Ashwani Kumar Srivastava)Citizenship (Amendment) Rules, 2026: online-only OCI, e-OCI registration and a rule on minors' passportshttps://nrinewsnow.com/news/citizenship-amendment-rules-2026-e-oci/https://nrinewsnow.com/news/citizenship-amendment-rules-2026-e-oci/MHA's rules of 30 April 2026 make OCI applications electronic, allow e-OCI registration, revise the revision process and bar minors holding two passports.Sun, 25 Oct 2026 03:30:00 GMTVisa & OCIcontact@nrinewsnow.com (Ashwani Kumar Srivastava)RBI ended its NRE and FCNR(B) deposit rate relaxation on 31 August 2026, a month earlier than announcedhttps://nrinewsnow.com/news/rbi-nre-fcnr-rate-ceiling-window-ends/https://nrinewsnow.com/news/rbi-nre-fcnr-rate-ceiling-window-ends/Banks could pay above the usual caps on fresh 3-year-plus NRE and 3-5 year FCNR(B) deposits from 17 June; a 25 August amendment cut the window short.Sun, 25 Oct 2026 02:30:00 GMTBanking & RBIcontact@nrinewsnow.com (Ashwani Kumar Srivastava)Forms 15CA and 15CB are now Forms 145 and 146: what changes for NRIs moving money abroadhttps://nrinewsnow.com/news/form-145-146-replace-15ca-15cb/https://nrinewsnow.com/news/form-145-146-replace-15ca-15cb/Since 1 April 2026, foreign remittance declarations are filed in Form 145 and the CA certificate in Form 146 under Rule 220 of the Income-tax Rules, 2026.Sun, 25 Oct 2026 01:30:00 GMTTaxcontact@nrinewsnow.com (Ashwani Kumar Srivastava)Buying property from an NRI: from 1 October 2026, resident buyers can deposit TDS with PAN via Form 141https://nrinewsnow.com/news/tds-pan-form-141-nri-property/https://nrinewsnow.com/news/tds-pan-form-141-nri-property/Income-tax (Fifth Amendment) Rules, 2026 let resident individual and HUF buyers skip TAN and report TDS on purchases from non-residents in Form 141.Sun, 25 Oct 2026 00:30:00 GMTPropertycontact@nrinewsnow.com (Ashwani Kumar Srivastava)