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of <h1>Sections 213-218 define foreign exchange assets, investment income, long-term capital gains, non-resident Indians, and specified assets; watch securities reference change</h1> Clause defines five terms for sections 213-218: 'foreign exchange asset' (specified asset acquired with convertible foreign exchange), 'investment income' (any income from such asset), 'long-term capital gains' (capital gains on foreign exchange assets not short-term), 'non-resident Indian' (non-resident who is citizen or person of Indian origin), and 'specified asset' (closed list: shares, certain debentures, certain deposits, Central Government securities, plus government-notified additions). the sole change between Bill and Act is the statutory cross-reference for Central Government securities (from the Public Debt Act, 1944 to the Government Securities Act, 2006), which may alter which government instruments qualify; taxpayers should retain evidence of currency of acquisition and monitor notifications.
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