Full Form of NRI-Abbreviations with Full Form

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Full-Form of NRI-Abbreviations with Full Form

NRI Full Form

Full Form of NRI :

Non-Resident Indian

Additional Information :

NRI Full Form is Non-Resident Indian. An NRI is an Indian citizen with a valid Indian Passport and has immigrated to another country for a minimum period of 6 months or more. 

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What is the full form of NRI

To be clearer, the term NRI is applicable due to reasons like foreign exchange management laws, taxation and investments in India. According to the Income Tax Act Section 6 of 1961, there is a difference in tax calculation for an NRI and a normal person. According to this act, a resident of India has to stay for a continuous minimum period of 182 days in a year, consecutively for four years.

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