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NRI 3Divisional Office Branch Code QUESTIONNAIRE TO BE COMPLETED BY NONRESIDENT INDIAN Proposal No. Sr. No. 1.Policy No. Particulars Your Nationality2.a. b.Your country of permanent residence Date.

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How to fill out the questionnaire to be completed by non-resident Indian online

Filling out the questionnaire to be completed by non-resident Indian can seem daunting, but with the right guidance, you can complete it easily online. This guide provides clear, step-by-step instructions to help you navigate each section of the form.

Follow the steps to successfully complete your online questionnaire.

  1. Click the ‘Get Form’ button to obtain the questionnaire. Once you have accessed the form, review it carefully to become familiar with its structure and requirements.
  2. Fill in the divisional office and branch code at the top of the form, alongside your proposal number and policy number if applicable.
  3. In the first section, provide your nationality and country of permanent residence, along with the date from which you became a permanent resident.
  4. Next, detail your travel history by indicating the date you left India for the first time, the exchange facilities you have availed of, and any Reserve Bank permits granted, including information on your visa status.
  5. Indicate the duration of your stay abroad and state the purpose of your stay. Inquire if you are gainfully employed abroad and report your monthly income, attaching copies of relevant appointment letters as required.
  6. Enter your passport details, including the passport number, date and place of issue, and your date of birth.
  7. If you have any bank accounts in India, provide details regarding whether they are resident or non-resident accounts and the source from which your premiums will be paid.
  8. Specify how you plan to remit premiums to LIC of India by selecting suitable options from the provided choices, detailing any additional methods if necessary.
  9. Complete your address details in your country of residence and provide the name and address of an Indian national residing in India for policy dispatch.
  10. State the date of your last departure from India and, if applicable, include information about your studies if you are a student.
  11. Review all the information provided carefully and declare the accuracy of your statements by signing the form. Ensure you include a witness who can also sign.
  12. Finally, save your changes, and download the form. You may also choose to print or share the completed form as needed.

Start completing your documents online now and ensure everything is submitted accurately!

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An NRI returning to India needs to be in India for a period of less than 182 days in aggregate during the financial year to be a non-resident for that year. A non-resident coming back to India for good can remain “a resident but not ordinary resident" for maximum of two years.

The NRI status in India is attained by people who are Indian citizens but stay in India for less than 182 days in the preceding financial year or people who live outside India for employment, business, or any other purpose for an uncertain period.

The eligibility criteria for NRI status are below: An Indian citizen stays abroad for 183 days or more in one financial year. An Indian citizen stays in India for less than 365 days in the last four years from the current assessment year and less than 60 days during the year.

Rules to determine residential status of NRIs ingly, visiting NRIs whose total income (which is defined as taxable income) in India is up to Rs 15 lakhs during the financial year will continue to remain NRIs if the stay does not exceed 181 days, as was the case earlier.

NRI days calculator So, deriving from that, an NRI is one who is: Present in India for less than 182 days during that fiscal year, or. Present in India for less than 60 days during that fiscal year and cumulatively 365 days or less during the preceding four fiscal years.

A non-residential Indian is a person who stays in India for less than 182 days during the period of the foreseeing financial year. An NRI can also be a person who has gone out of the nation for employment is called an NRI. A person staying abroad for business-related purposes is also called an NRI.

“NRIs from countries such as the Middle East, US, UK, Canada, Singapore and others visit India for less than 182 days in a financial year. The Finance Act 2020 reduced this period to 120 days in cases where the total taxable income in India is more than Rs 15 lakh.

ing to the new rules, if an NRI (with taxable income in India of over Rs 15 lakh) stays in India for 120 days or more during any financial year, and his/her cumulative stay in the country in the preceding 4 years is also 365 days or more, then he/she would be treated as a resident of India.

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