Sending Money Abroad in 2026? No Form 145, No Wire (2026)

If you’ve sent money abroad recently, or plan to, your old Form 15CA playbook is dead. From 1 April 2026, Form 145 is mandatory before most outward remittances from India.

What Changed in One Minute

• Form 15CA → Form 145 for payments to non‑residents/foreign companies.

• Form 15CB → Form 146 (new CA certificate for large taxable remittances).

• You must file and e‑verify Form 145 on the IT portal before the bank sends the money.

Earlier you wired, then filed. Now you file, then wire.

Form 145 in simple terms (A/B/C/D)

Pick one part based on taxability and amount.

• Part A: Taxable, up to ₹5 lakh in the FY to that payee. No AO/CA certificate.

• Part B: Taxable, >₹5 lakh + you have an AO order specifying TDS/nil rate.

• Part C: Taxable, >₹5 lakh + you have a CA certificate – Form 146 (replaces 15CB).

• Part D: Remittance not taxable under the Income-tax Act (no TDS, but must be defensible).

A, B, C or D decides how much tax your wire drags along.

3 Big Things You MUST Do Differently

1. Use the new 65 categories, not vague purpose codes
   Every payment now maps to one of 65 specific remittance categories (software licences, cloud/AMC, royalties, FTS, director fees, dividends, etc.).

2. Get Form 146 for big taxable payments
   For taxable remittances >₹5 lakh without AO relief, a CA must issue Form 146 before you file Part C.

3. Capture remittee details upfront
   Form 145 needs the foreign payee’s TIN, country, email and phone. No details, no smooth filing.

No category, no CA cert, no TIN = no smooth remittance.

Quick Checklist Before Any Foreign Remittance

• Collect TIN, country, email, phone for the foreign payee.

• Map the payment to 1 of 65 categories (software, cloud, FTS, etc.).

• Check if it’s taxable and whether you cross ₹5 lakh with that payee this FY.

• If >₹5 lakh taxable, get AO order (Part B) or Form 146 from CA (Part C).

• File & e‑verify Form 145 on the IT portal, then share the acknowledgment with your bank.

How Pivot Money Helps

Tag payments correctly: Pivot can help tag investment‑linked foreign payments (cloud tools, data, advisory) in line with Form 145 categories so your CA isn’t guessing.

• Give your CA clean data: One export shows who you paid, why, how much—perfect input for deciding Part A/B/C/D and preparing Form 146.

• Reduce remittance friction: By centralising India investing into compliant local structures where possible, Pivot reduces how often you even need Form 145.

Form 145 makes your foreign remittances more visible; Pivot Money makes them more manageable.