Calculate LTCG and STCG tax on equity, debt funds, gold and property with indexation benefit - FY 2024-25 rules.
Listed equity held 12+ months: LTCG taxed at 12.5% (above ₹1.25L/year - revised Budget 2024). Below ₹1.25L exempt. STCG: 20%.
Property held 24+ months: LTCG at 12.5% without indexation (Budget 2024) or 20% with indexation - choose the lower option. STCG: income tax slab rate.
Debt MF purchased after April 1, 2023: gains taxed at income-tax slab rate regardless of holding period. No LTCG benefit or indexation.
Reinvest property LTCG in another residential house within 2 years (purchase) or 3 years (construction) to claim Sec 54 exemption.
Capital gains tax in India is levied whenever you sell a capital asset - shares, mutual fund units, real estate, gold or bonds - at a profit. The Finance Act 2024 overhauled the rates significantly: Long-Term Capital Gains (LTCG) on listed equity and equity mutual funds now attract 12.5% above Rs 1.25 lakh (raised from the earlier Rs 1 lakh exemption), while Short-Term Capital Gains (STCG) on equity rose from 15% to 20%. For debt mutual funds purchased after April 2023, gains are taxed at slab rates regardless of holding period - a change that reshaped how millions of conservative investors plan their portfolios.
Indexation - adjusting the purchase price for inflation using the Cost Inflation Index (CII) published by the CBDT - historically allowed property sellers to dramatically reduce taxable LTCG. The Budget 2024 removed indexation for property sold after July 23, 2024 for most sellers but retained it as an option for properties purchased before that date where the seller chooses the 20%-with-indexation route instead of 12.5% without. This calculator applies the correct rule based on asset type and acquisition date, helping you compare both options where applicable.
SEBI-regulated instruments like equity shares, REITs and InvITs all fall under distinct capital gains rules. Investors participating in India's growing retail stock market - which crossed 15 crore demat accounts in 2024 - need to calculate capital gains accurately before filing ITR-2 or ITR-3. This tool computes your taxable gain, applicable rate and estimated tax payable, making tax planning around March (year-end) straightforward.