02-May-2026
Taxation
 
Are you sending money abroad in 2026? Check new Income Tax Forms 145 & 146 for foreign remittances and compliance
02-May-2026

If you are looking to send money overseas from India, you should be aware that the government of India has introduced several important changes to the reporting of foreign remittances. Sending money overseas from the country now involves a revised tax compliance process. The Income Tax Department has replaced the earlier Forms 15CA and 15CB with Forms 145 and 146, the new forms for reporting foreign remittances.

News Source:- https://www.livemint.com/money/personal-finance/are-you-sending-money-abroad-in-2026-check-new-income-tax-forms-145-146-fordetail-rules-for-foreign-remittances-a-11777523362922.html
 
 
 

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