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FinMin to Clarify on Residency Status of NRIs Stranded in India This Fiscal Due to Covid-19
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For the fiscal ended on March 31, 2020, the ministry, in May last year, clarified that the period of stay of Non-Resident Indians (NRIs) and foreign nationals in India during the lockdown period would not be counted for the purpose of determining their residency status for the purpose of taxation.