Being an NRI: Definitions you MUST know

Who can be called a Non-Resident Indian? Do Expats have to do something different in 2020 to qualify as NRIs? What are the qualifications to be recognized as an NRI by the Government of India? Who is a PIO? Who is an OCI? Why does the Income Tax Department have a different definition for NRIs? Find out the answers to all these questions & also get to know if you're eligible to be called an NRI?
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We at SBNRI aim to bring about a revolution in the world of finance by ‘Simplifying Banking for NRIs’. Our team is focussed to provide NRIs with a convenient banking platform which is easy to use and accessible to all from the comforts of their homes at one tap of their smartphones.

VIDEO HIGHLIGHTS

0:52 Who is an NRI under the Foreign Exchange Management Act (FEMA), 1999?
1:15 Who is an NRI under the Income Tax Act, 1961?
2:38 Amendment in the Definition of NRI under the Income Tax Act, 2020
3:33 Who is a PIO (Person of Indian Origin)?
4:50 Who is an OCI (Overseas Citizen of India)?
7:23 Check whether you qualify as an NRI according to the Government of India!

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0:00 Introduction
0:17 NRI 101: Definitions you MUST know
0:53 WHO IS NRI UNDER FEMA?
1:15 WHO IS NRI UNDER Income Tax?
2:34 AMENDMENT in Income Tax Act
3:28 WHO IS A PIO?
4:48 WHO IS AN OCI?
7:10 NRI Status Eligibility