Last date for LTCG & elss

[nithin]

@Neostar

I have to escape the LTCG, what’s the last date I should be selling the stocks in kite?

If I need get the elss benefit which is the last date for me to top up elss fund in zerodha coin? @siva

ELSS has to be invested into before March 28th (considering holidays from 28th to until 31st).

You don’t have to sell stocks to escape LTCG. Anyways you get the grandfathering benefit. So any gain post Jan 31st is only on what you will have to pay LTCG (also the first 1lk no LTCG).

Check this

What will the impact of Long-term capital gain tax (LTCG) of 10% on gains of over Rs.100,000? Also, what does gains up to 31st Jan, 2018 will be grandfathered mean?

I just heard that long-term capital gain tax (LTCG) of 10% will be applicable on gains over Rs.100,000 in the Budget 2018 announcement. What will be the impact of this on the markets in the long term? The finance ministers said that “Capital Gains Made On Shares Until Jan 31, 2018 Grandfathered” What does this mean? Also it’s surprising that STT remains in spite of LTCG being introduced.