Income Tax Calculator
Compare old vs new regime tax for FY 2025-26 with slab-wise breakup, rebate, surcharge, and cess.
UseTax & Salary
Capital Gains Tax Calculator
Classify STCG or LTCG, apply the latest India capital gains rules, compare indexation where allowed, and get a CA-style working note for ITR planning.
Step 1
equitySale and cost details
Net sale value is ₹7,00,000 after reducing transfer expenses. Dates decide whether the gain is short-term or long-term.
Step 2
12.5% above ₹1,25,000Tax estimate
Total tax payable₹22,750Includes 4% health and education cess.
ClassificationLong-termHeld for 4 yrs 7 months.
Capital gain₹3,00,000Long-term capital gain (Section 112A)
Taxable gain₹1,75,000After ₹1,25,000 112A exemption.
Effective tax7.6%Total tax as a share of full gain.
Rate applied: 12.5% above ₹1,25,000. No slab-rate input is needed for this result.
Step 3
DirectTax breakup
Indexation is not used for this result.
Step 4
CA checkpoints
Net sale value₹7,00,000No transfer expense entered.
Holding period4 yrs 7 monthsLong-term capital gain (Section 112A)
Cess included₹875Health and education cess at 4% is included in total tax.
Computation sheet (as a CA would present it)
Full value of considerationSale price received
₹7,00,000Less: transfer expensesBrokerage, stamp duty on sale, legal fees
₹0Less: cost of acquisitionPurchase price (indexation not applicable)
₹4,00,000Capital gain
₹3,00,000Less: Section 112A exemption₹1.25 lakh yearly limit for listed equity LTCG
₹1,25,000Taxable capital gain
₹1,75,000Tax (12.5% above ₹1,25,000)
₹21,875Health & education cess @ 4%
₹875Total tax payable
₹22,750Surcharge, marginal relief, Section 54/54EC/54F reinvestment exemptions, and grandfathering of equity bought before 31 January 2018 are not modelled. Verify with a chartered accountant before filing.
Capital gains planning checkpoints
Net sale value₹7,00,000No transfer expense entered.
Holding period4 yrs 7 monthsLong-term capital gain (Section 112A)
Cess included₹875Health and education cess at 4% is included in total tax.
Capital gains tax rule map
| Asset | Long-term after | STCG tax | LTCG tax |
|---|---|---|---|
| Listed equity / equity mutual funds | More than 12 months | 20% on STCG u/s 111A | 12.5% above Rs 1.25 lakh u/s 112A |
| Debt mutual funds bought from 1 Apr 2023 | Not treated as LTCG | Slab rate u/s 50AA | Slab rate |
| Property / land / building | More than 24 months | Slab rate | 12.5% without indexation; pre-23 Jul 2024 resident cases compare indexation relief |
| Gold / jewellery | More than 24 months | Slab rate | 12.5% without indexation |
Common capital gains tax saving routes
| Section | Applies to | Timing | Limit |
|---|---|---|---|
| 54 | Sale of residential house | Buy within 2 years or construct within 3 years | Gain invested in new house |
| 54F | Sale of long-term asset other than house | Buy/construct residential house within time limit | Proportionate to net sale invested |
| 54EC | Long-term land/building gains | Invest in eligible bonds within 6 months | Rs 50 lakh |
| Loss set-off | Capital loss | File ITR on time to carry forward | Carry forward up to 8 years |
Exemption sections have strict conditions, deposit deadlines, and documentation requirements. Treat this as a planning checklist, not filing advice.
How capital gains are taxed in India now
The Finance (No. 2) Act 2024 rewrote capital gains from 23 July 2024: long-term gains on most assets are now taxed at a flat 12.5% without indexation, listed equity short-term gains rose to 20%, and the equity LTCG exemption increased to ₹1.25 lakh per year.
Holding period decides everything. Listed shares and equity funds turn long-term after 12 months; property, gold, and unlisted assets after 24 months. Debt mutual funds bought after 1 April 2023 are a special case — Section 50AA taxes them at your slab rate however long you hold them.
For land and buildings bought before 23 July 2024, residents keep a valuable choice: pay 12.5% on the raw gain or 20% on the indexed gain, whichever is lower. Long-held property with modest appreciation often does better with indexation; this calculator works out both and picks the cheaper automatically.
Quick questions
What are the capital gains tax rates after Budget 2024?
For sales on or after 23 July 2024: listed equity and equity funds pay 20% short-term and 12.5% long-term above a ₹1.25 lakh yearly exemption. Property, gold, and other long-term assets pay 12.5% without indexation. Debt mutual funds bought after 1 April 2023 are always taxed at your slab rate.
What happened to indexation?
Indexation was removed for sales on or after 23 July 2024. One exception remains: for land or buildings bought before 23 July 2024, resident individuals and HUFs pay the lower of 12.5% without indexation or 20% with indexation — this calculator computes both and applies the cheaper one.
How long must I hold an asset for long-term treatment?
Listed shares and equity funds: more than 12 months. Property, gold, and unlisted assets: more than 24 months. Debt funds bought after 1 April 2023 are never long-term, regardless of holding period.
Can I save tax on property gains under Section 54?
Yes. Reinvesting the gain in another residential house (Section 54, or 54F for non-house assets) or in NHAI/REC bonds within 6 months (Section 54EC, up to ₹50 lakh) can exempt long-term gains. Time limits are strict — typically 2 years to buy or 3 years to construct.
Can capital losses be adjusted?
Short-term losses can be set off against both short and long-term gains. Long-term losses can be set off only against long-term gains. Unused losses carry forward 8 years if you file your return on time.
Does this calculator include surcharge?
No. Surcharge applies above ₹50 lakh of total income (capped at 15% on capital gains) and is best checked with a CA. The 4% health and education cess is included.
Is the ₹1.25 lakh exemption per transaction?
No, it is a combined yearly limit across all your listed equity and equity fund long-term gains in the financial year.