India will be celebrating the Pravasi Bharatiya Divas on January 9. From the Classification of Overseas Indians and Pravasi Bharatiya Samman Award to the History of the Indian Expat, here's what you ...
An Indian-origin individual living outside India is termed a Non-Resident Indian (NRI). The Income Tax Act, 1961, outlines different tax rules for residents and NRIs. Residency status is ...
A person living abroad for most of the year but holding Indian citizenship is termed an NRI (Non-resident Indian ... status of individuals of Indian origin: Resident Indian: An individual ...
If you’re an NRI (Non-Resident ... invest in the Indian stock market as per the rules set by the Foreign Exchange Management Act (FEMA). According to FEMA, “an NRI is a person resident outside ...
Nowadays, many investors who hold the status of Person of Indian Origin (PIO), Non-Resident Indian (NRI) and Overseas Citizen of India (OCI) are increasingly willing to invest in an AIF.