Capital Gains Tax Calculator
The capital gains rules changed substantially for transfers made on or after 23 July 2024 — long-term rates moved to a flat 12.5%, indexation was withdrawn for most assets, holding periods were rationalised, and the Section 112A exemption rose to ₹1.25 lakh. This calculator applies the current rules, including the 20%-with-indexation option still available to resident individuals and HUFs on property acquired before that date.
Planning a sale, or already sold?
Exemptions under Sections 54, 54F and 54EC can significantly reduce — sometimes eliminate — the tax on a long-term gain, but they carry strict timelines and conditions. Share your details and we'll reach out to know more.
The calculator is only to enable public to have a quick and an easy access to basic tax calculation and does not purport to give correct tax calculation in all circumstances. Viewers are advised to ascertain the correct position/prevailing law before relying upon any document. Surcharge, reinvestment exemptions under Sections 54/54F/54EC, and set-off of capital losses are not applied here.
What changed on 23 July 2024
- Long-term rate unified at 12.5%. Previously 10% for listed equity and 20% with indexation for most other assets.
- Short-term rate on listed equity rose to 20% from 15% under Section 111A.
- Indexation withdrawn for transfers on or after that date — with one carve-out below.
- Holding periods rationalised to just two: 12 months for listed securities, 24 months for everything else.
- Section 112A exemption raised from ₹1 lakh to ₹1.25 lakh per financial year.
The property carve-out worth knowing about
If you are a resident individual or HUF and acquired immovable property before 23 July 2024, you are not forced onto the 12.5% no-indexation route. You may pay whichever is lower: 12.5% without indexation, or 20% with indexation as computed under the earlier rules. For property held through a long, high-inflation stretch, the indexation route often still wins — this calculator works out both and applies the lower figure. One limit: the indexation route cannot be used to create or enlarge a capital loss, only to cap the tax.
Debt mutual funds are a special case
Units of a specified (debt) mutual fund acquired on or after 1 April 2023 are deemed short-term under Section 50AA no matter how long you hold them, and are taxed at your slab rate with no indexation. Units bought before that date follow the ordinary 24-month rule.