New NRI Financial Changes
In recent years, NRIs have experienced significant transformation. The procedure of changing one’s residential status is more challenging now than it has ever been because so many people are switching from being NRIs to PIOs. The new regulations for changing your residential status are stringent, and you must first fulfill several prerequisites before proceeding. If you choose to become a PIO or NRI again after spending a lot of time abroad or perhaps moving permanently abroad, there are additional new incentives that are accessible (like students).