Hard rules

A Hard rule is a limit the plan must never break. Kosh checks each Hard rule when data changes and once each month. When a value crosses a limit, Kosh shows a warning with the rule, the value, and the limit.

The six rules

Rule	What Kosh checks
Never IDCW	No Holding uses the IDCW option.
Normal income	Normal income for the FY stays below the 87A threshold. The default is ₹12 L. A Member can edit it for each FY.
LTCG	LTCG for the FY stays at or below the cap. The default is ₹1.25 L. A Member can edit it for each FY.
No redemption of debt funds	No redemption Plan Item targets a debt-fund Holding.
Protected Holdings	No pause, stop, or redemption on a Holding or a Plan Item that a Member marked protected. Examples: PPF, NPS, a child's fund.
Concentration	The share of one fund in all Holdings stays at or below a set percent. Kosh checks it each month. The default is 50%.

Warn before save

When a change would break a Hard rule, Kosh warns before it saves. The Member can still save.

A new FY

On 1 April the FY totals for LTCG and normal income start again from zero. Warnings from an earlier FY stay in the history.

You set the limits

The defaults are the statutory values. Limits change. A Member can edit each limit. Kosh checks the value that the Member sets.

Note

A warning shows a number from your own plan next to its limit. It is not tax advice.