Resident in India definition

Resident in India means a person who has stayed in India for minimum 182 days during the immediately preceding 1 year.
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Resident in India means a person who has stayed in India for a period of not less than 182 days during the immediately preceding one calendar year.
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Resident in India means a person who has stayed in India for a period of not less 120 days during the immediately preceding one year. Subject to the provisions of sub-section (1),
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Examples of Resident in India in a sentence

  • I/We further declare that I/We am/are "Person Resident in India" and are allowed to invest into the Scheme as per the said FEMA regulations and other applicable laws and regulations.

  • I/We further declare that I/We am/are "Person Resident in India" and are allowed to invest into the Scheme as per the said FEMAregulations and other applicable laws and regulations.

  • For Foreign Nationals Resident in India only: I/We undertake to redeem my/our entire investment before I/We change my/our residency status.

  • Amendment Finance Act 2020)DEEMED RESIDENT 6(1A)] (1A) notwithstanding anything contained in clause (1)An individual shall be deemed to be Resident in India if he/she fulfills following 3 conditions If these 3 conditions are satisfied, the individual would be resident but not ordinarily resident in India.

  • A person Resident in India is permitted to open, hold and maintain a RFC – Domestic (RFCD) account, out of foreign exchange acquired in the form of currency notes, bank notes and travelers cheques subject to the conditions like acquired while on visit to any place outside India by way of payment for services not arising from any business in or anything done in India etc., as permitted under extant FEMA guidelines.

  • I/We hereby provide my/our consent for sharing/ disclose of the Aadhaar number(s) including demographic information with the asset management companies of SEBI registered mutual fund and their Registrar and Transfer Agent (RTA) for the purpose of updating the same in my/our folios with my PAN.For Foreign Nationals Resident in India only:I/We undertake to redeem my/our entire investment before I/We change my/our residency status.

  • If the Borrower is a Non-Resident Indian (“NRI”), the Borrower hereby undertakes to inform Shinhan Bank if his residential status of NRI changes to a Person Resident in India during the tenure of the Loan.

  • I/We further agree to abide by all the Terms and Conditions and the Provisions of the Scheme related document/(s).2) For Foreign Nationals Resident in India only: I/We will redeem my/our entire investment/s before I/We change my/our Indian residency status.

  • Applicants are requested to refer to the Prospectus for more details.Subject to the above, an illustrative list of Applicants is as follows:• Indian Nationals Resident in India who are competent to contract under the Indian Contract Act, 1872, in single or joint names (not more than three) or in names of minors as natural / legal guardian;• Bids/Applications belonging to an account for the benefit of a minor (under guardianship);• Hindu Undivided Families or HUFs, in the individual name of the Karta.

  • Applicable to Foreign Nationals Resident in India only: I/We undertake to redeem my/our entire investment before I/We change my/our residency status.


More Definitions of Resident in India

Resident in India means a person who has stayed in India for a period of not less than one hundred and eighty two days during the immediately preceding one calendar year.
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Resident in India means a person who has stayed in India for not less than 182 days during immediately preceding calendar year.
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Related to Resident in India

  • Resident Manager means an employee of a licensee, approved by the Department, who resides in an adult foster home, and is directly responsible for the care and services to support individuals on a day-to-day basis.

  • Resident means a student whose parents, legal guardians, persons having lawful control of the student, or persons standing in loco parentis reside in the school district.

  • Citizen means a person who is enrolled on the MNO Registry,

  • resident of a Contracting State means any person who, under the laws of that State, is liable to tax therein by reason of his domicile, residence, place of management or any other criterion of a similar nature, and also includes that State and any political subdivision or local authority thereof. This term, however, does not include any person who is liable to tax in that State in respect only of income from sources in that State or capital situated therein.

  • Family farm corporation means a corporation founded for the purpose of farming agricultural land in which the majority of the voting stock is held by and the majority of the stockholders are persons or the spouse of persons related to each other within the fourth degree of kinship, according to the rules of the civil law, and at least one of the related persons is residing on or actively operating the farm, and none of whose stockholders are a corporation. A family farm corporation does not cease to qualify under this division where, by reason of any devise, bequest, or the operation of the laws of descent or distribution, the ownership of shares of voting stock is transferred to another person, as long as that person is within the degree of kinship stipulated in this division.

  • Nonresident student means every nonresident person who is enrolled as a full-time student in an

  • Residents Parking Space" means a space in a Residents' Parking Place which is provided for the leaving of a vehicle of the classes specified in Article 7 of Part III or Article 7 of Part IV of this Order.

  • Residential area means land used as a permanent residence or domicile, such as a house, apartment, nursing home, school, child care facility or prison, land zoned for such uses, or land where no zoning is in place.