1. Who is an NRI? A person who has been in India for 182 days or more during a financial year and 365 days or more during the preceding four financial years qualifies as a resident of India. NRIs can continue to enjoy non-resident status in India if their presence in...
This is an article from ET Wealth that tell about Indian tax laws for NRIs…. There has been a continuous effort in the past decade or so to make the income tax laws simpler, consistent and taxpayer-friendly. The effort has resulted in faster processing of...
1. Who? PIO Card Holder: A person registered as Person of Indian Origin (PIO) Card Holder under MHA’s scheme vide Notification No. 26011/4/98-F.I dated 19.08.2002. OCI: A person registered as Overseas Citizen of India (OCI) under section 7A of the Citizenship...
