LTCG / Capital Gains Tax Calculator
Calculate Long Term and Short Term Capital Gains tax for equity, MF, property, and gold. Updated for Budget 2024.
Parameters
Capital Gain
$300,000
Tax Payable (incl. 4% cess)
$22,750
Effective Tax Rate
7.6%
Taxable Gain (after exemption)
$175,000
$125,000
Net Profit (after tax)
$277,250
Section 112A
About Capital Gains Tax Optimization
Master LTCG and STCG calculations, understand Budget 2024 rule changes, and learn tax harvesting strategies.
Capital Gains Tax in India — Post Budget 2024
Budget 2024 fundamentally changed India's capital gains tax landscape. The most impactful changes for retail investors: LTCG on equity mutual funds and stocks now attracts 12.5% tax (up from 10%) with a ₹1.25 lakh per year exemption. STCG on equity is now 20% (up from 15%). For property, the indexation benefit was removed — gains are now taxed at flat 12.5% regardless of holding period.
Important: Tax laws change with each Budget. This calculator is updated for FY 2026-27 rules. Always verify current rates at incometax.gov.in before filing returns.
LTCG Harvesting Strategy
Tax-loss harvesting and LTCG harvesting are strategies to optimize capital gains tax. Since ₹1.25 lakh LTCG is exempt annually, savvy investors sell equity units with long-term gains and repurchase them — "booking" gains within the exemption limit each year. This effectively resets the cost basis and reduces future tax liability. Use this calculator to determine how much to book each financial year to stay within the exemption limit.
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What is LTCG and STCG in India?
Long Term Capital Gains (LTCG) are profits from selling assets held for more than 12 months (equity/MF), 24 months (property/gold), or 36 months (old debt MF). Short Term Capital Gains (STCG) apply to shorter holding periods. Budget 2024 set LTCG on equity at 12.5% and STCG at 20%.
What changed in Budget 2024 for capital gains?
Budget 2024 (effective 23 July 2024) made significant changes: LTCG on equity/MF increased from 10% to 12.5%, STCG on equity increased from 15% to 20%, LTCG exemption on equity increased from ₹1L to ₹1.25L, and indexation benefit on property LTCG was removed (flat 12.5% without indexation).
What is the LTCG exemption for equity?
For equity stocks and equity mutual funds, the LTCG exemption is ₹1.25 lakh per financial year (increased from ₹1 lakh in Budget 2024). Gains beyond this threshold are taxed at 12.5%.
Can I claim indexation on property LTCG?
As per Budget 2024 (from 23 July 2024), property LTCG indexation benefit has been removed. Property LTCG is now taxed at flat 12.5% without indexation. For transactions before 23 July 2024, old rules (20% with indexation) applied.
What is the cess on capital gains tax?
A 4% Health & Education cess is applicable on the capital gains tax amount (not on the gain itself). So if LTCG tax is ₹1,00,000, cess = ₹4,000, making total tax ₹1,04,000.