NRIs can invest in Bank Fixed Deposits, Mutual Funds, Direct Equity, Real Estate, Bonds, and NPS. Each has its own tax implications and benefits.

NRE and FCNR Fixed Deposits are tax-free in India, while NRO Fixed Deposits are subject to 30% TDS on interest earned.

Yes, NRIs can invest in Indian mutual funds through NRE/NRO accounts, but certain mutual funds may have restrictions for NRIs from USA/Canada.

NRIs can claim a tax deduction up to ₹1.5 lakh under Section 80C, plus an additional ₹50,000 under Section 80CCD(1B) for NPS contributions.

Yes, NRIs can invest in residential and commercial properties, but they cannot buy agricultural land, farmhouses, or plantations.

NRIs can claim tax relief under DTAA (Double Taxation Avoidance Agreement) between India and their country of residence to avoid being taxed twice on the same income.