https://www.taxtmi.com/manuals?id=6376 Definition of resident under FEMA relies on a statutory day-count test making an individual prima facie resident if present in India for the prescribed period; however, specified exceptions (leaving or staying outside India for employment, business, or other reasons indicating intention to remain abroad, and coming to or staying in India otherwise than for employment, business or reasons indicating intention to remain) override that test. The regulatory scheme places the onus on the individual to prove residential status when questioned by authorities. en-us Tue, 10 Dec 2024 14:54:00 +0530 Tue, 10 Dec 2024 14:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=6376 Definition of resident under FEMA relies on a statutory day-count test making an individual prima facie resident if present in India for the prescribed period; however, specified exceptions (leaving or staying outside India for employment, business, or other reasons indicating intention to remain abroad, and coming to or staying in India otherwise than for employment, business or reasons indicating intention to remain) override that test. The regulatory scheme places the onus on the individual to prove residential status when questioned by authorities. Manuals FEMA Tue, 10 Dec 2024 14:54:00 +0530 https://www.taxtmi.com/manuals?id=6376