In News
- Neal Mohan, CEO of Youtube joins the list of people of Indian origin leading global tech giants which includes Microsoft CEO Satya Nadella, Adobe CEO Shantanu Narayen and Alphabet CEO Sundar Pichai.
Difference between NRI, OCI and PIO
- NRI is an Indian citizen holding an Indian passport, but he/ she ordinarily resides outside the country. An individual’s residential status needs to be determined for taxes under the Income-tax Act.
- unlike NRI,PIO is a foreign citizen who holds a foreign passport but may have held an Indian passport at anytime or whose ancestors may have been Indian nationals.
- OCI is a form of permanent residency for persons of Indian origin (foreign citizens) and their spouses. OCIs are given a multi-purpose, multi-entry & lifelong visa permitting them to visit India whenever they want, for any length of time & any purpose.The registered OCIs are not entitled to the rights vested on an Indian citizen .
Source: IE
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