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OPC Nominee should be reside in india atleast for 182 days of F.Y .....why 182 days criteria..? What exact reason behind this.?
Answers (4)
To qualify as a resident Indian, an individual should have spent 182 days or more of a financial year in India, or stayed in India for 60 days or more in the year and for a period of 365 days or more in the 4 years preceding the relevant financial year.