Capital Gains Tax Calculator
Calculate your tax liability on profits from stocks, mutual funds, property, and gold based on the latest budget updates.
Investment Details
Tax Rules for Listed Equity / Equity MF
Long Term (LTCG)
Short Term (STCG)
Budget 2024 Update
The holding period for LTCG has been simplified to 12 months for listed assets and 24 months for all other assets. The LTCG tax rate is now a flat 12.5% for most assets.
Mastering Capital Gains Tax
Capital Gains Tax is applicable on the profit earned from the sale of a 'capital asset'. These assets include stocks, mutual funds, real estate, gold, and more.
Short Term (STCG)
When an asset is sold within a short holding period. For listed stocks, this is less than 12 months. For property and gold, it's less than 24 months.
Long Term (LTCG)
When an asset is held for a longer duration. LTCG usually enjoys lower tax rates compared to STCG to encourage long-term investing.
New Rules (Post July 23, 2024)
Frequently Asked Questions
What is the ₹1.25 Lakh exemption in Equity LTCG?
If your total Long Term Capital Gains from listed equity and equity mutual funds in a financial year is less than ₹1,25,000, you don't have to pay any tax. Tax is only applicable on the amount exceeding this limit.
Can I set off capital losses?
Yes, Short Term Capital Losses can be set off against both STCG and LTCG. However, Long Term Capital Losses can only be set off against Long Term Capital Gains.
Is indexation still available for property?
For properties acquired before July 23, 2024, taxpayers can choose between 20% tax with indexation or 12.5% tax without indexation, whichever is more beneficial.
How is the holding period calculated?
It is calculated from the date of acquisition to the date of transfer/sale of the asset.