I would like to know if the grandfathering rule (i.e. profits in equity are grandfathered until Jan.31.2018) applies also to foreign shares held by a resident Indian.
I am a resident Indian and I bought some foreign shares in 2002. If I sell them now, will I be able to grandfather the profits till Jan.31.2018, or does the rule apply only to Indian equity / mutual funds ?
Thanks in Advance..