Vandana Kaushik asked on 18/03/2020

How to calculate 182 days for NRI?

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SBNRI Team
answered on 18/03/2020

NRI Status 2020: NRI status can be attained by an Indian Citizen if he/she stays overseas for more than 182 days in a financial year.

 

NRI Residential Status Calculator

 

Calculating your NRI Status 2020

To calculate the number of days and your NRI status 2020 or for previous assessment years, you can visit the Indian Income Tax Department’s Residential Calculator page and calculate the number of days by providing the details of your stay in India.

 

Calculate your Residential Status

 

 

Who is an NRI?

An NRI or Non Resident Indian is an Indian Citizen living outside India for a minimum of 183 days in 1 financial year for the purpose of employment, business or vocation (occupation for which an individual is trained). 

Indian Citizens who have gone out or are staying abroad for some other purpose with an intention to stay outside India for an uncertain period (job or assignments where you don’t know when you will return to India) can also be termed as NRIs.

 

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).

 

With SBNRI, you can get specialized advisory for your NRI Bank Accounts, Investments, Taxation and more. We aim to provide effortless solutions to all your NRI Banking and Investment needs while you are at the comfort of your homes abroad. To get specialized advisory from experts on any issue regarding NRI Banking, Investments, Taxation and more, contact us using the button below.

 

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