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An indian citizen living outside india for a period due to employment, business, education, or any other purpose indicating an indefinite stay abroad is known as an nri. According to the foreign exchange management act (fema), an nri is limited to the tax status of an indian citizen who is living abroad and can also be a person of indian origin (pio). Your nri status depends on the number of days you spend in india, not just your income

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However, if your indian income exceeds ₹15 lakh and you spend 120 days or more in india, you may be considered a resident indian for tax purposes. You can still be an nri even if you keep your indian citizenship and passport. A nonresident indian (nri) is an indian citizen residing in a foreign country for an uncertain period

Nri status, determined by fema and the indian income tax act,.

This comprehensive guide will break down the nri terminology, explain.