For anyone that may have this query - I did finally see a tax consultant. Here is what I was advised. Adding here in case it helps anyone else. Please do verify your specifics based on your tax situation
- Income that is deducted from Indian income tax filing should be included in Foreign Income when filing Aus taxes
- Superannuation interest or income in an account that is not accessible till retirement need not be included
- Any lumpsum that you get ( e.g. Employee Provident Fund ) needs to be reported and the valuation of assessable earning are since you became a tax resident minus all your contributions ( i.e. interest and company contribution are part of the earnings to be declared )
Closing this thread.