Capital gains tax calculator

Under twelve months a listed-equity gain is short term and taxed at a flat 20% plus 4% health and education cess — the rate set by section 111A for equity sold on an exchange with STT paid. The ₹1.25 lakh long-term exemption does not apply to it, so the whole gain is taxed. Cross twelve months and the same gain moves to section 112A: 12.5%, with the first ₹1.25 lakh of the year's long-term equity gains exempt. That is why this calculator prints the tax at your holding period and the tax at the long-term month side by side.

Per financial year, and shared across everything. Section 112A exempts the first ₹1.25 lakh of your total long-term gains on listed equity and equity mutual funds for the year, not ₹1.25 lakh per sale or per scheme. This calculator prices one sale at a time, so it applies the full shield to the sale in front of it. If you have already booked long-term equity gains earlier in the year, or you are selling three holdings this month, the shield is already partly or wholly spent and the real tax is higher than the figure above.

Not as a general rule any more. The Finance (No. 2) Act 2024 removed indexation and set long-term property gains at 12.5%, which is what this calculator applies. One carve-out survives: a resident individual or HUF selling land or a building acquired before 23 July 2024 may pay the lower of 12.5% without indexation and the old 20% with indexation. This calculator does not compute that second branch, so for an old property it can overstate the tax. Work the indexed figure out separately with the cost inflation index for both years before you file.

Possibly not, but only if you meet the conditions of the relevant relief and the calculator above knows nothing about them. Section 54 lets you shelter a long-term gain on a residential house by buying or building another within the prescribed window; section 54F does the same for a gain on any other long-term asset if the whole net consideration goes into one house; section 54EC covers up to ₹50 lakh parked in specified bonds within six months. Each has its own deadlines, a capital gains account scheme for money you have not spent by the filing date, and a lock-in that claws the relief back if you sell early. The number above is the tax before any of that.

Units of a specified mutual fund bought on or after 1 April 2023 are covered by section 50AA: the gain is deemed short term however long you hold it, so it is added to your income and taxed at your slab, with no long-term rate and no exemption. That is why the Debt MF tab shows a flat line across every month — there is no line to cross. Older units, and funds outside that definition, can still qualify for long-term treatment; this tab does not model them. It also models "slab rate" at the 30% maximum, so anyone in a lower bracket pays less than it says.