● NRIs can claim a 1 lakh exemption for

long-term capital gains from equity

mutual funds, separate from TDS.

● They can invest in residential and

commercial properties in India but not

agricultural ones, unless acquired as

residents or inherited.

● NRIs cannot engage in agricultural

activities on such properties.

● Farmhouse and plantation property purchases by NRIs are subject to FEMA regulations, not the Income Tax Act.