NRI's - FAQ's

Who is a Non Resident Indian?

Section 2 of the Foreign Exchange Management Act, 1999 (FEMA) deals with various definitions. It defines a person resident in India and a person resident outside India. However, it does not define the term non-resident nor it does define the term Non Resident Indian (NRI).

However, Notification No. 5/2000-RB (dealing with various kinds of Bank Accounts) defines the term Non Resident Indian (NRI) to mean a person resident outside India who is either a citizen of India or is a person of Indian origin. In short, the definition of the term NRI is contextual and can have slightly different connotations for FEMA/Income Tax/Acquisition of Immovable Property etc.

Who is a Person of Indian Origin (PIO)?

1. For the purposes of availing of the facilities of opening and maintenance of
bank accounts and investments in shares/securities in India;
Person of Indian Origin means any person:
a) who at any time, held an Indian passport; or
b) he/she or either of his/her parents or his/her grandparents was a citizen of India by virtue
of the Constitution of India or the Citizenship Act, 1955(57 of 1955) or
c) the person is a spouse of an Indian citizen or a person referred to in clause (a) or (b) above. ...More...

Grievances Redressal

Contact us at :

E-Mail : dc[dot]btd[at]punjabmail[dot]gov[dot]in

Phone : 91 164 2210042

Fax : 91 164 2212789

NRI Handbook

Other Useful sites :

NRI Sabha Chandigarh

Punjab Police NRI Cell

NRI Commission of Punjab

NRI Zone