WHO IS AN NRI?
 A Non-resident Indian means an individual, being a citizen of India or a person of Indian origin who is not a resident. A person shall be deemed to be of Indian origin if he or either of his parents or any of his grand parents was born in undivided India. A person is non-resident who is not resident in India. According to Sec. 6(1) of the Income Tax Act, an individual shall be a resident in India in any Financial Year if he is in India in that Financial Year for a period or periods totaling to 182 days or more, or has been in India within the four preceding years for a period or periods totaling to 365 days or more and for a period of 60 days or more in that Financial Year. A firm, Hindu Undivided Family or Association of Persons is said to be resident in India except in the case whether control and its management is situated wholly outside India. A company is said to be resident in India if it is an Indian company or its control and management is situated wholly in India.