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Difference between Person Resident Outside India and NRI

‘Non-Resident Indian’ (NRI) means an individual resident outside India who is a citizen of India or is an ‘Overseas Citizen of India’ cardholder within the meaning of section 7 (A) of the Citizenship Act, 1955.

‘Person resident outside India’ means a person who is not a Person resident in India.

‘Person resident in India’ means-
(i) a person residing in India for more than one hundred and eighty-two days during the course of the preceding financial year but does not include-
   (A) A person who has gone out of India or who stays outside India, in either case-
        (a) for or on taking up employment outside India, or
        (b) for carrying on outside India a business or vocation outside India, or
      (c) for any other purpose, in such circumstances as would indicate his intention to stay outside India for an uncertain period;
  (B) A person who has come to or stays in India, in either case, otherwise than-
       (a) for or on taking up employment in India; or
       (b) for carrying on in India a business or vocation in India, or
      (c) for any other purpose, in such circumstances as would indicate his intention to stay in India for an uncertain period;
(ii) any person or body corporate registered or incorporated in India,
(iii) an office, branch or agency in India owned or controlled by a person resident outside India,
(iv) an office, branch or agency outside India owned or controlled by a person resident in India.


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