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![Akshat_World Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1315735242250973186.png) Akshat Shrivastava [@Akshat_World](/creator/twitter/Akshat_World) on x 416.3K followers
Created: 2025-07-26 08:09:40 UTC

There has been a sudden spike in products catering towards NRIs. Right from GIFT city based products to properties in Gurgaon etc, specific products are being designed exclusively for NRIs. 

Now the thing is: that NRIs get special benefits -- eg. Non-Resident External (NRE) and Foreign Currency Non-Resident (FCNR) fixed deposits are TAX FREE, while resident Indians are taxed on all their fixed deposit interest at Slab.  

There are many such advantages. 
And, more products are being built for NRIs
This is where spending power is now. 

Nothing wrong. 

What is wrong is the narrative: "We don't need FIIs/FDIs". "Our domestic institutes will handle everything" etc. 

Okay, cool. 
Remove all advantages then: let's see how that goes.


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**Related Topics**
[tax bracket](/topic/tax-bracket)
[currency](/topic/currency)

[Post Link](https://x.com/Akshat_World/status/1949019273273168148)