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Tarun Kumar (Business)     05 July 2024

Nri status immediately after completing 182 days or fy wise ?

I will be completing 182 days ( counting from 1st April , 2024 ) outside India on 30th Sept , 2024 .Please let me know if I will be NRI on 1st October, 2024 or 1st April , 2025 . I need this information as I need to change status of my saving bank account / Demat / Trading accordingly. How much time I will get to change status of these accounts ?


Learning

 2 Replies

T. Kalaiselvan, Advocate (Advocate)     05 July 2024

You can change your status only after acquiring the requisite number of days, hence you wait for the completion of 182 days.
2 Like

Dr. J C Vashista (Advocate )     06 July 2024

After specified period of 182 days you shall be eligible.
1 Like

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