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RE:Income generated in India for a NRI
by Amitabh on Apr 30, 2007 10:06 AM

Yes,the normal exemption limit will be applicable to you.Also you will get deduction for your investments under Sec 80C as well.It is available to any assessee,being an individual or HUF.There is no restriction as to the residential status.

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All these incomes are tax-free