Does grandfathering rule ( Jan.31.2018) apply to foreign shares

This discussion clarifies whether the January 31, 2018 grandfathering rule for capital gains applies to foreign shares held by resident Indians. The consensus is that the rule does not extend to foreign shares, meaning profits from these will attract capital gains tax at 20% and will not benefit from the ₹1 lakh exemption. However, indexation benefits may still be available for foreign share sales.