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 ...

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 ...

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 ...

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.

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 ...

A non-resident Indian means an individual, who is not a resident and is (i) a citizen of India; or (ii) a person of Indian origin. Here are some key Clauses for NRI’s to take note 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.

The same applies to a Person of Indian Origin (PIO) who visits India ... Interest earned on an Non Residential External (NRE) account and Foreign Currency Non-Resident Account (FCNR) account is ...

Describing as a worrisome trend the rising cases of fraudulent marriages between Non ... Indian origin with that of Indian citizens. "The rising occurrence of fraudulent marriages involving Non ...

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 ...

This figure constitutes 15.9 million Non-Resident Indians (NRIs) and 19.5 million Persons of Indian Origin (PIOs), the Minister said in a written answer placed on the table of Lok Sabha ...