NRI

NRI

Frequently Asked Questions

According to Sec. 6(1) of the Income Tax Act, an individual shall be a resident in India in any financial Year if he a) Is in India in that Financial Year for a period or periods totaling to 182 days or more Or b) Has been in India within the four preceding years for a period or periods totaling to 365 days or more and for a period of 60 days or more in that Financial Year.