Income-Tax  exemptions are a bonanza offered to NRIs but caution is required while enjoying these tax exemptions and one needs to " read between the lines " as the same are  based on the residential status of an NRI under FERA1973 (FEMA1999) and the I.T. Act 1961 and differ from income to income, compelling every NRI - to have a twin identity ( like a La Bollywood double - role movie). The same are discussed hereunder :