Hi, I am Saroj Chakraborty.
You have raised a very imp. issue...many US NRIs who do not know the rules go on investing in India and later on, when they get into trouble both with Indian & US regulations, they are stuck. Hopefully, this thread of discussion wd bring clarity to this topic.
May I know what are the difficulties you faced for your Indian investments w.r.t growing questioning from the Indian tax authorities and more importantly, the difficulties faced in calculation with respect to FATCA regulations !! Thanks.