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These days, especially in IT, employees are given onsite assignment with no clarity of duration. In my case, I am an employee of an Indian IT company and was sent for 3 months assignment and am now completing 7 years with the same client outside India. I don't know if I will continue here for another 3 months/3 years or will be sent back soon. I believe many many employees work in the same situation.

So my query is that since I am not settled outside India but on a placement which keeps extending, should I change my account status in India from resident to non-resident ?

We must note that changing that status mean, impact on stocks if anyone holding. Impact on PPF account and many other savings if running in India as resident.

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  • We have a special site called Expatriates for people working abroad. You might consider checking to see if this has been asked there, and maybe asking there. – DJClayworth Apr 7 at 14:49

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