A non resident Indian is any Indian who is residing ... by the Indian Government where ever they go. What is a Person of Indian Origin (PIO)? A person of Indian origin is any person from another ...

Whenever a person says that he is a non-resident Indian (NRI ... To add to the complication, there is a concept of person of Indian origin (PIO) under exchange control laws, which is a category ...

When a Non-Resident Indian (NRI) or Overseas Citizen of India (OCI) sells immovable property in India (other than agricultural land, a farmhouse, or plantation property) the authorised bank can allow ...

It is easy to classify persons of Indian origin. Anyone whose parents ... In broad terms, a person is either a resident or a non-resident. Resident Indians can be further divided into ‘ordinary ...

It is not the country of origin, but the number of days stay in India, which determine whether a person will be a resident or non-resident for tax purposes. Resident individuals are taxable in ...

Physical stay in India ≥ 60 days during relevant FY and ≥ 365 days in preceding 4 FYs. In case an Indian citizen or person of Indian origin who ... be deemed to be Resident but Not Ordinarily ...

Person of Indian Origin (PIO) refers to a foreign citizen ... (ROR), Resident but Not Ordinarily Resident (RNOR) and also Non-Resident (NR). Two conditions i.e. if a person has resided in India ...

There are over 30 million non-resident Indians (NRIs ... of such visiting individuals, being Indian citizen or person of Indian origin, during the financial year is more than INR 15 lakh.

Income Tax Act defines non-resident Indian as an individual, being a citizen of India or a person of Indian origin but who is not a “resident”. Further, an individual is said to be resident in ...

It is not the country of origin, but the number of days' stay in India, which determine whether a person will be a resident or non-resident for tax purposes (see table). Resident individuals are ...