Capital Gains Tax Calculator
Calculate capital gains tax on equity, mutual funds, gold & property. Updated with post-July 2024 LTCG/STCG rates.
| Asset | STCG | LTCG | Holding |
|---|---|---|---|
| Equity Shares / Equity MF | 20% | 12.5% | 12 months |
| Debt Mutual Funds | Slab | Slab | Slab rate (no LTCG benefit) |
| Gold / Gold ETF | Slab | 12.5% | 24 months |
| Real Estate | Slab | 12.5% | 24 months |
Frequently Asked Questions
What is the difference between STCG and LTCG?
Short Term Capital Gains (STCG) applies when you sell before the qualifying holding period. Long Term Capital Gains (LTCG) applies after. For equity, the holding period is 12 months; for property/gold, it's 24 months.
What is the LTCG exemption on equity?
LTCG on listed equity shares and equity mutual funds is exempt up to ₹1.25 lakh per financial year. Gains above this are taxed at 12.5% without indexation benefit (from FY 2024-25).
How are debt mutual funds taxed?
From April 2023, debt MFs purchased after this date are taxed at your income tax slab rate regardless of holding period. There is no LTCG benefit for debt funds anymore.
What is indexation?
Indexation adjusts the purchase price for inflation using the Cost Inflation Index (CII), reducing taxable gains. From FY 2024-25, indexation benefit has been removed for most assets, replaced by a flat 12.5% LTCG rate.
How to save capital gains tax?
For LTCG on property: invest in another property (Sec 54) or in capital gains bonds (Sec 54EC). For equity: harvest gains up to ₹1.25 lakh tax-free each year. Set off capital losses against gains.