Who is a NRI?

"NRI" in this context means Non -Resident Indians as defined in Income Tax Act, 1961 with the following clarifications: An individual is Non-Resident, when he/she is "not a resident" or who is "not ordinarily resident".
A person is treated as "not ordinary resident" when any of the following conditions is satisfied.
(1) If he/she has not been resident in India in nine out of ten preceding years;
(OR)
(2) If he/she has not been in India for a period of 730 days or more during the preceding seven years. Note: Cut-off date to decide the NRI status is last date of the preceding financial year i.e. 31.03.2017. We welcome NRI's desiring to pursue education in India. They are entitled to a privilege that they are not required to obtain Student Visa for studying in India. They also have a special quota(reservation) called the NRI Quota. The application procedure remains the same for all students