India’s Budget 2026: What it means for NRIs on investments, property and tax

Background: Nirmala Sitharaman, India's finance minister, center, and other members of finance ministry leave the ministry to present the budget at the parliament in New Delhi, India, on Sunday, Feb. 1, 2026. Credit: Getty Images/Dr Vinod Mishra. Inset: Associate Professor Dr Vinod Mishra from Monash University. Credit: Supplied by Vinod Mishra.

India’s Budget 2026 introduces several significant measures aimed at easing investment and compliance for Non-Resident Indians (NRIs), including higher investment limits in Indian equities, simplified tax compliance for property transactions involving non-residents and changes to Tax Collected at Source (TCS) on overseas remittances. In a conversation with SBS Hindi, Associate Professor Dr Vinod Mishra from Monash University explains how these measures could create new opportunities for NRIs while reducing regulatory burdens. He also highlights the potential risks, common misunderstandings, and strategic considerations for long-term financial planning — especially for young overseas Indians looking to invest in India for the first time.

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Published 12 February 2026 10:50am

By Shashi Bhushan Kumar

Presented by Shashi Bhushan Kumar

Source: SBS

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India’s Budget 2026 introduces several significant measures aimed at easing investment and compliance for Non-Resident Indians (NRIs), including higher investment limits in Indian equities, simplified tax compliance for property transactions involving non-residents and changes to Tax Collected at Source (TCS) on overseas remittances. In a conversation with SBS Hindi, Associate Professor Dr Vinod Mishra from Monash University explains how these measures could create new opportunities for NRIs while reducing regulatory burdens. He also highlights the potential risks, common misunderstandings, and strategic considerations for long-term financial planning — especially for young overseas Indians looking to invest in India for the first time.

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