Who is a Person of Indian Origin (PIO)?
You are a Person of Indian origin [PIO] if you are a citizen of a foreign country (other than a citizen of Bangladesh or Pakistan ) and: • You have at any time held an Indian passport OR • You or either of your parents or any of your grandparents were citizens of India by virtue of the Constitution of India or the Citizenship Act, 1955 OR • You are the spouse of an Indian citizen or of a person of Indian origin (other than of Pakistan or Bangladesh )
• he, at any time, held an Indian passport, or • he or either of his parents or any of his grand parents was a citizen of India by virtue of the Constitution of India or Citizenship Act, 1955 ,or • a spouse (not being a citizen of Bangladesh or Pakistan or Sri Lanka) of an Indian citizen or of a person of Indian origin is also deemed to be PIO.
You are a Person of Indian origin [PIO] if you are a citizen of a foreign country (other than a citizen of Bangladesh or Pakistan ) and: Non-Resident Indians become Indian residents only when they come back to India for employment or for carrying-on any business in India or vocation or for any other purpose indicating an indefinite period of stay in India. They are not regarded as Resident Indians during their short visits to India on holiday, leave etc. Who is a Person of Indian Origin PIO? You are a Person of Indian origin [PIO] if you are a citizen of a foreign country (other than a citizen of Bangladesh or Pakistan ) and: • You have at any time held an Indian passport OR • You or either of your parents or any of your grandparents were citizens of India by virtue of the Constitution of India or the Citizenship Act, 1955 OR • You are the spouse of an Indian citizen or of a person of Indian origin (other than of Pakistan or Bangladesh ) What are the types of bank accounts available to
Ans.: For the purpose of acquisition and transfer of immovable property in India, a PIO means an individual (not being a citizen of Pakistan or Bangladesh or Sri Lanka or Afghanistan or China or Iran or Nepal or Bhutan), who (i) at any time, held Indian passport; or (ii) who or either of whose father or grandfather was a citizen of India by virtue of the Constitution of India or the Citizenship Act, 1955 (57 of 1955).
