Long term capital gains (LTCG) tax has been re-introduced in Budget for financial year 2018-19. The Finance Minister has proposed to levy a 10 per cent tax on the capital gains earned above Rs 1 lakh. The cost price reset date is set to 31st January, 2018, and the exemption period is till 31st March 2018. Long-term period defined for equity investments is above one year. During the one-year period it is regarded as short-term capital gains and the tax rate is 15 per cent. While at the outset, thought this looks like a negative development for those people who have been investing into Indian equity markets for their long term financial goals, there are some important points which you need to consider to reduce your LTCG taxes. Important points to remember: LTCG tax is 10 per cent with no indexation benefit for equity investments. LTCG exempt is up to Rs 1,00,000: This is a universal annual limit that includes LTCG earned from all the equity investmen