https://www.taxtmi.com/acts?id=51742 Defines terms for taxation of assets held in convertible foreign exchange: foreign exchange asset means a specified asset acquired with convertible foreign exchange; investment income is income from a foreign exchange asset; long-term capital gains are capital gains from a foreign exchange asset that is not short-term. Non-resident Indian is a non-resident individual who is a citizen of India or person of Indian origin. Specified asset includes shares, certain debentures, certain deposits with Indian companies, Central Government securities, and other assets notified by the Central Government. en-us Thu, 14 Aug 2025 11:44:27 +0530 Fri, 03 Oct 2025 12:07:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=51742 Defines terms for taxation of assets held in convertible foreign exchange: foreign exchange asset means a specified asset acquired with convertible foreign exchange; investment income is income from a foreign exchange asset; long-term capital gains are capital gains from a foreign exchange asset that is not short-term. Non-resident Indian is a non-resident individual who is a citizen of India or person of Indian origin. Specified asset includes shares, certain debentures, certain deposits with Indian companies, Central Government securities, and other assets notified by the Central Government. Act-Rules Income Tax Thu, 14 Aug 2025 11:44:27 +0530 https://www.taxtmi.com/acts?id=51742