Description:
... . Information for NRIs NRI Status Non Resident Indian & Foreign citizen of Indian origin Status of NRIs on returning to India Temporary visit Status of Bank accounts Tax related issues Residential status Tax incidence at a glance Tax concessions on NRE accounts General Facilities for NRIs Loans/Advances against Deposits Facilities for Returning Indians NRI Status NON-RESIDENT INDIAN ( NRI ) An Indian citizen or a foreign citizen of Indian origin who stays abroad for employment/carrying on business or vocation or under circumstances indicating an intention for an uncertain duration of stay abroad is a NON-RESIDENT INDIAN ( NRI ). ( Those who stay abroad on business visit, medical treatment, study or such other purposes which do not indicate an intention to stay there for an indefinite period will not be considered as NRIs ). FOREIGN CITIZEN OF INDIAN ORIGIN For the purposes of availing of the facilities of opening and maintenance of bank accounts , a foreign citi...