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 ...

Non-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 ...

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 ...

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 ...

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 ...

There are a lot of Indians who have settled abroad and are residents in some ... to people who are of Indian origin. So the term as to who would be covered under person of Indian origin becomes ...

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.

India’s Kotak Mahindra Bank Ltd. announced on Aug. 30 the launch of a credit card designed for the Non-Resident Indian segment, which includes Indian citizens who have migrated to another country, are ...

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.

The status of an Indian ... Non-Resident Indians (NRIs) who earn an income in India, and do not pay taxes in any other foreign country will be impacted. According to the new budget proposals, a ...