- 3 weeks ago
- by corporate360degree
NRI Services refers to a non-resident Indian who has a bank account opened in a bank or any other financial institution. NRI accounts are always authorized by the Reserve Bank of India. The income taxes of an NRI always depend upon the residential status of the person throughout the year. In case an NRI has the resident status then the global income will be taxable in India and on the other hand if the residential status is NRI, then the income that a person is earning in India will be taxable in India.