Residential status under FEMA determines person resident classification and specific exclusions based on intention, employment, business, and control. Definition of Person Resident In India under FEMA hinges on physical presence and specified exclusions: individuals present in India beyond a statutory threshold are residents subject to exclusions for absence relating to employment, carrying on business or vocation abroad, or an intention to stay outside for an uncertain period; arrivals or stays in India are similarly excluded when for employment, business or an uncertain intention to remain. Corporates and branches are classified by place of registration or by ownership and control, with Indian incorporation or in-country offices treated as resident-linked for foreign exchange regulation.