Capital Gains Tax Calculator

From July 2024 budget: LTCG on listed equity shares and equity mutual funds is 12.5% (up from 10%) on gains above ₹1.25 lakh per financial year. STCG rate is 20% (up from 15%). The holding period for LTCG is 12 months. 4% health and education cess applies on the tax amount.

Property LTCG (held >24 months): Flat 12.5% tax without indexation (Budget July 2024 change — indexation benefit removed). STCG (<24 months): Taxed at your income tax slab rate. You can save property LTCG tax via Section 54 (buy new house within 2 years) or Section 54EC (invest up to ₹50L in specified bonds like NHAI/REC).

For equity/equity MF: ₹1.25 lakh LTCG per year is tax-free. For property: Section 54 (new house), Section 54EC (bonds). For all assets: Section 54F (reinvest in residential house). You can also offset current year capital losses against gains, and carry forward equity losses for 8 years.

Since April 2023, debt mutual fund gains are taxed at your income tax slab rate regardless of holding period. There is no LTCG benefit or indexation for debt funds. This makes FDs and debt MFs comparable from a tax perspective. Only funds with 65%+ equity allocation get the favorable equity taxation.