Non-resident investment definitions clarify scope of foreign exchange assets, specified assets, and treatment of investment income. Special provisions define investment income and long-term capital gains from assets acquired in convertible foreign exchange. A foreign exchange asset is any specified asset acquired, purchased or subscribed to with convertible foreign exchange. Non-resident Indian status covers Indian citizens or persons of Indian origin who are non-resident. Specified assets include shares of Indian companies, debentures and deposits with non-private Indian companies, Central Government securities, and other assets as the Central Government may notify.