Tax Exemptions of NRIs include:

- Income from interest gained on National Saving Certificate (NSC) VI/VII issue and notified bonds purchased by you in foreign exchange.

- Income from interest gained on your funds in Non-Resident External Account (NRE) and Foreign Currency Non-Resident Account (FCNR).

- Interest gained on notified securities or bonds and also on the premium on redemption of such securities.

- Interest paid by scheduled banks on RBI approved foreign currency deposits, to a Non Resident External (NRE) or Non Resident Ordinary (NRO).