The Government of India with a view to attract investments from Non Resident Indians (NRIs) has provided motivating tax concessions and reliefs and at the same time simplified the procedure of tax assessment for them.

If you open an NRI Account at State Bank of India with your money earned abroad, can earn much higher return at back home. SBI has a range of tax free earning accounts and deposit types with flexibility to maintain your money in foreign currency also. You can also find the different NRI Deposit account.

Now everybody believes in India’s growth story. The latest financial reports from Reserve Bank of India reveal that, foreign participants, skeptic investors are eager to put huge funds on Indian mutual funds for better return. India is growing to become a market leader in the world economy. Find more information on NRI mutual fund performance.