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Lakshy (Semi-Qualified C.A. PGDFM BCom.)     19 October 2017

FEMA, 1999

Friends,

under FEMA,1999, what is difference between "Person Resident Outside India" and "NRI" ?


 1 Replies

Sameer Mathur

Sameer Mathur (Article)     19 October 2017

The defination of PROI is only applicable while applying the FEMA provisions. NRI is not defined in FEMA.

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