Indian Stock Market Hot Tips & Picks in Shares of India - 8 new articles

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Who is an NRI?

Non-Resident Individual is an individual who is not a resident of India for tax purposes. In order to determine whether an Individual is a Non-Resident or not, his residential status is required to be determined u/s 6 of the Income Tax Act, 1961 as given below: An individual will be treated as a Resident in India in any previous year if he / she satisfies any of the following conditions:1. If he