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Being a Non-Resident Indian (NRI) is tough. Time and again, you come across different definitions that tend to confuse you. Also, there are amendments and interpretations that can make it all a bit more complex. So, in this category find the definitions of the basic terms that you will come across in the overall understanding of being an NRI.


Starting with the definition of NRI. It has been defined under Foreign Exchange Management Act (FEMA, 1999) & Income Tax Act (1961)


NRI as per FEMA

Non-Resident Indian (NRI) as per FEMA or Foreign Exchange Management Act is a person who has gone out of India or stays outside the country for the purpose of employment, business, vocation (occupation for which an individual is trained) or any other circumstances indicating his/her intention to stay outside India for an uncertain period of time (job or assignments where you don’t know when you will return to India).


“Non-Resident Indian” is also covered under the regulations of FEMA as “A person residing outside India who is either a citizen of India or a Person of Indian Origin (PIO) 


RBI has also mentioned that students studying abroad will also be treated as NRI under FEMA and will be eligible for foreign investments and NRE/FCNR accounts.


NRI as per Income Tax 

According to Income Tax regulations, a citizen will be a resident of India in the previous year, if:


  1. He/she is in India for at least 182 days in that year, OR
  2. If the individual was not in India for at least 182 days in the previous year but he/she was in India for at least 365 days during the last 4 years to that year and at least 60 days during that year


Case 1: Consider you were in India for 207 days in 2019, then you are a resident of India for 2019.

Case 2: Say, you were in India for 70 days in 2019, then you fail the first criteria! But you were in India during the entire time span of 2014-2018. Then you are a resident of India in spite of not being in the country for at least 182 days in 2019.


The individuals not satisfying the two cases mentioned above will be treated as Non-Resident Indians (NRIs) according to the Income Tax Regulations.


Other Definitions


1. PIO: PIO or Person of Indian Origin; is a person with foreign citizenship who has an Indian origin. The factors that define the term “Indian Origin” are:


  • A person who was born in India
  • A person who at any time, held an Indian Passport or
  • An individual who is either a citizen of India or whose father/mother/grandfather/grandmother was/were a citizen(s) of India
  • The spouse of an Indian Citizen or a PIO


Foreign Citizenship in case of a Person of Indian Origin will not include citizens of Pakistan, Bangladesh, Sri Lanka, Afghanistan, China, Iran, Nepal or Bhutan.


PIO is associated with the citizenship of an individual and not his/her residence.


2. OCI: OCI refers to Overseas Citizen of India which can be simply understood as the status given to people with a foreign citizenship who are granted with certain rights and freedoms that the citizens of India and NRIs enjoy except the following rights: voting rights, candidature in various houses of government, constitutional posts such as President, Supreme Court Judge etc. government employment, acquisition of agricultural or plantation properties.


OCIs or Overseas Citizens of India are entitled to multiple benefits under the OCI Card Scheme (Mandatory scheme for OCIs to enroll for an OCI card to enable entry in the country with or without their foreign passports); the eligibility criteria are as follows:


    • A former Indian citizen (on or after January 16, 1950) 
    • A person belonging to any part merged to India after August 15, 1947 
    • A person whose parents, grandparents or great-grandparents are/were Indian citizens
    • A person married to an Indian Citizen or an existing OCI for at least 2 years


OCIs have the permission to work indefinitely in India. The increased demand for dual citizenship (holding passports of two different countries) in India resulted in the introduction of the OCI Card. Citizens of countries allowing dual citizenship can apply for an OCI card in India.


Some Prominent Benefits of the OCI or Overseas Citizen of India Card:

    • Multiple entry; Lifelong visa to visit India
    • Similar benefits to NRIs in educational, financial and economic fields
    • The OCIs will be treated in the same way as Indian nationals considering the domestic air fare tariffs


OCI Card Application Fees:

    • Applications submitted from outside India: $275 or equivalent local currency
    • Applications submitted in India: Rs.15,000/-


Application for OCI Card is available on


PIO and OCI Merger

On 9th January 2015, PIO Card Scheme (issuing of Cards to Persons of Indian Origin to allow visa-free travel to India) was withdrawn by the Government of India and has been merged with the OCI Card Scheme.

NRI Quota: Eligibility | List of Colleges | Documents Required

NRI Quota: Eligibility | List of Colleges | Documents Required


With the gradual increase in the number of footfalls of students from all around the globe, India has carved a separate niche in the education segment and has slowly turned into a hub. In the past, India has given the world some of the oldest universities such as Nalanda or Taxila. With time, the education system, the research capabilities and the number of universities have grown with open arms welcoming people from all geographies to learn and innovate. India has over 900+ universities and 40,000+ colleges nationwide. The Government of India (Ministry of Overseas Indian Affairs) has some seats reserved under the NRI Quota for NRI students and foreign nationals to attract more students.

Definitions NRIs must know: NRI, PIO & OCI

Definitions NRIs must know: NRI, PIO & OCI


How often has it happened that a NRI news story comes up and you aren’t sure what a particular term means and you eventually end up googling it? Not knowing is a very basic part of transformation. The very process is indeed the journey of understanding new things, new aspects, new definitions! In this article we will just talk about the basic terms that a Non-Resident Indian (NRI) must know.