08 April 2018
I have been working outside of India since Nov 2016. It has been almost 1.5 years now. So my status has changed to NRI. Now I am moving back to India in May 2018, how long will it take for me to be Resident again?
And also, could I invest in PPF once I come back or I can invest now also?
08 April 2018
You become a resident when you stay in India for at least 182 days during the year. Therefore, you'll become a resident somewhere in November 2018
09 April 2018
Thanks for replying Srinivas. I already have a PPF account. My doubt is as an NRI currently Can I still invest in PPF or I need to wait for me to become Indian resident and then invest in PPF?
CAclubindia
