Budget 2018: How LTCG tax on shares, equity MF units will be calculated as per proposed rules

The new tax regime for LTCG is effective for transactions done from April 1, 2018, says Pinky Khanna, Tax Director, EY. Escape window 2: LTCG on these instruments realised after 31.3.2018 by an individual will remain tax exempt up to Rs 1 lakh per annum i.e. the new LTCG tax of 10% would be levied ...

more here