The film follows the stories of Chaandi, a transgender, and Kaali, a widow, who decide to defy social rules to become lovers. Will they find peace and respect in a world that ignores their identities?

After the death of their parents, Kamla Gulati and her elder brother live together and assist each other. Soon her brother gets a job and they move up in life. Then Kamla elopes with a young man and leaves her brother without informing him of her whereabouts. Shortly thereafter her pregnant body is found lifeless, abandoned by her boyfriend. Now Gulati is the President of an organization, and has promoted young Vinod Thakur as it's Vice-President. Gulati goes for a holiday in Panchgani and upon arrival at the local Circuit House meets with a young woman who identifies herself as Vinodini T. Gulati, the daughter of T.N. Gulati. He starts treating her as his sister and becomes very protective toward her. When he finds out that a young man named Amol Palekar alias Ramu is attempting to woo her, he forbids her to see or have any contact with him in any way, as he fears that she may end up like Kamla. He is headed for several surprises as he will soon find out that Vinodini is not who she ...

Set amidst the color and custom of the ancient city of Banaras, Ishq Ka Rang Safed is the tale of the impossible love of Viplav for Dhaani. The carefree, spoilt grandson of Mahant Dashrath Tripathi, Viplav is slated to go abroad for his law studies and intends to never return to the religiosity, traditionalism and ritualism of Benares and his family. Life takes an abrupt turn as Viplav encounters Dhaani - a lady in white. An innocent prank played in retribution of a bruised ego draws Viplav into an unseen world and the realization of the harsh realities of life. A reality epitomized by Dhaani. A young widow leading a life of quiet dignity abiding by her Dharma in a society that condemns women to living death even in the 21st Century. Swathed in white and devout to her cause, Dhaani is a conformist yet no weak willow as evident by her determined stance and sense of pride held against Viplav from the time she saw him as a “rakshas“ till his profession of love towards her.