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While non-resident Indians (NRIs) live abroad, many of them retain strong connections with India. If they continue to generate income in this country, they have an obligation to pay taxes and file their income-tax returns.
Who is an NRI for tax purposes?
Specific rules determine whether a person is an NRI for tax purposes. Ankit Jain, partner, Ved Jain & Associates, says, “A person is considered an NRI if he has spent less than 182 days in India during the financial year, or if he has spent less than 60 days in India during the financial year and less than
