Unlike resident Indians, NRIs does not enjoy deductions on some investments under Section 80C of the I-T Act. These include:
- Investment in the Public Provident Fund (You can, however, maintain your PPF accounts if you opened them while they were a resident.)
- Investment in the National Savings Certificate
- Investments in five-year Post-Office Deposit Scheme
- Investment in senior-citizen savings scheme
- Investment in the Rajiv Gandhi Equity Savings Scheme
- Deductions are given to differently-abled people under Section 80DD, Section 80DDB and Section 80U