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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 ...
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Despite being NRI you will taxed as Indian resident if your income in India is above this; Know what else NRIs to watch out while filing ITRNon-resident Indian (NRI): A Non-Resident Indian is defined under Section 2(30) of the Act to mean a person who is not a ... or PIOs (Persons of Indian Origin) visiting India, the limit of ...
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 ...
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.
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 ...
You are correct that a person of Indian origin having more than ₹15 lakh ... Accordingly, the tax liability for a non-resident on the sale of property in India remains the same as that of ...
Investing in Indian mutual funds presents a compelling opportunity for Non-Resident ... NRI is a person residing outside India who is either a citizen of India or a person of Indian origin.
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 ...
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