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Determination of Residential Status under FEMA & Income Tax

Non-Resident Individuals (NRIs) contribution to India’s financial, social and economic condition is significant. Inward remittances by NRI either through remittances or investments augment the foreign exchange reserves of India and strengthen the national savings. The sheer size of the remittance enables not only in remittances but also transfer of technology, global best practices & knowledge. […]

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