Capital Gains Tax Calculator
Calculate your capital gains tax on the sale of shares, mutual funds, property or other assets. Uses the current post-Budget 2024 tax rules: 12.5% LTCG and 20% STCG for listed equity, 12.5% flat LTCG for property (no indexation), slab rates for debt mutual funds.
How this calculator works
Capital gains tax applies when you sell a capital asset for more than you paid. The rate depends on asset type and holding period.
Holding period thresholds
- Listed equity / equity mutual funds — 12 months (short-term if sold earlier)
- Property / immovable assets — 24 months
- Unlisted shares, gold, other assets — 24 months
- Debt mutual funds (bought after April 2023) — always taxed at slab rate regardless of holding
Current tax rates (post-Budget 2024)
| Asset | Short-term (STCG) | Long-term (LTCG) |
|---|---|---|
| Listed equity / Equity MF | 20% | 12.5% (₹1.25L exempt) |
| Property | Slab rate | 12.5% (no indexation) |
| Unlisted shares / Gold | Slab rate | 12.5% |
| Debt MF (post-Apr 2023) | Slab rate | Slab rate |
The ₹1.25 lakh equity LTCG exemption
Budget 2024 raised this annual exemption from ₹1 lakh to ₹1.25 lakh. Only LTCG on listed equity and equity mutual funds above this threshold is taxable at 12.5%.
Worked example
Example 1 — Equity LTCG (bought 2022, sold 2026):
- Purchase: ₹8,00,000
- Sale: ₹15,00,000
- Gain: ₹7,00,000
- Exemption: ₹1,25,000 → taxable ₹5,75,000
- Tax: ₹5,75,000 × 12.5% = ₹71,875 + 4% cess = ₹74,750
Example 2 — Property LTCG (5-year hold, sold 2026):
- Purchase: ₹50,00,000 (2020)
- Sale: ₹80,00,000 (2026)
- Gain: ₹30,00,000
- Tax: ₹30,00,000 × 12.5% = ₹3,75,000 + 4% cess = ₹3,90,000
- (Under old rules with indexation at 20%, tax might have been lower; you can claim Section 54 exemption by reinvesting in another residential property.)
Frequently asked questions
What changed in Budget 2024 for capital gains?
Major changes effective from July 23, 2024: LTCG on equity increased from 10% to 12.5%, STCG from 15% to 20%. Property LTCG changed from 20% with indexation to 12.5% without indexation. LTCG exemption increased from ₹1L to ₹1.25L. Debt MF lost indexation benefit from April 2023.
Can I still claim indexation on property?
Only for property purchased before July 23, 2024 — taxpayers can choose the better of: (a) 12.5% without indexation, or (b) 20% with indexation. For property bought after that date, only 12.5% flat applies without indexation.
What is the ₹1.25 lakh exemption?
Only for LTCG on listed equity and equity mutual funds. Annual exemption of ₹1.25 lakh — only gains above this amount are taxed at 12.5%. Resets each financial year.
Can I offset capital losses?
Yes. Short-term losses can offset any capital gains (short or long term). Long-term losses can only offset long-term gains. Unused losses can be carried forward for 8 years.
How do I save tax on property LTCG?
Section 54 — reinvest entire gain in another residential property within 2 years (or construct within 3 years). Section 54EC — invest up to ₹50 lakh in NHAI/REC bonds within 6 months. Both provide full or partial exemption.
Are ELSS mutual fund gains taxable?
Yes. ELSS is equity-oriented, so LTCG (after 3-year lock-in) is taxed at 12.5% above ₹1.25L. The 80C deduction you claimed at investment time does not make the gains tax-free.
What about crypto?
Cryptocurrency gains are taxed at a flat 30% (not calculated here). 1% TDS applies on sales above ₹50,000/year. No set-off of crypto losses against other income is allowed.
Is this calculator exact for my case?
It handles the standard cases. For complex situations — grandfathering (pre-Jan 2018 equity), multiple transactions, Section 54 reinvestment planning, losses carry-forward — consult a CA before filing.