A foreign citizen (other than a citizen of Pakistan or Bangladesh) is deemed to be of Indian Origin, if, (i) he, at any time, held an Indian passport, or (ii) he or either of his parents or any of his grand parents was Citizen of India by virtue of Constitute of India or Citizenship Act, 1955 (57 of 1955).

A spouse (not being a citizen of Pakistan or Bangladesh) of an Indian Citizen or of a person of Indian Origin is also treated as a person of Indian Origin for the above purposes provided the bank accounts are opened or investments in shares/ securities in India are made by such persons only jointly with their NRI spouses.