Capital Gains Tax Calculator (Finance Act 2024)

Determine capital gains tax liability on stocks, mutual funds, real estate, and physical gold under the revised statutory tax slabs introduced in Finance (No. 2) Act, 2024.

Selling ₹5,00,000 of equity shares for ₹8,50,000 after 2 years produces ₹3,45,000 in net capital gain, attracting ₹28,600 in LTCG tax at 12.5% plus cess after deducting the ₹1,25,000 Section 112A annual exemption.

Asset & Transaction Details

Calculate Short-Term or Long-Term Capital Gains under Finance (No. 2) Act 2024.

Select Asset Class

Purchase Price (Cost of Acquisition)

₹

Sale Price (Full Consideration)

₹

Holding Period (Months)

months

Equity: > 12 months is LTCG (12.5%); ≤ 12 months is STCG (20%).

Transfer & Brokerage Expenses

₹

Brokerage, STT, stamp duty, legal or registration transfer costs.

ClassificationLTCG (> 12m)

Total Tax Payable

₹28,600

Effective Tax Rate: 8.29% (including 4% cess)

Gross Capital Gain

₹3,50,000

Sale - Purchase Cost

Net Taxable Gain

₹2,20,000

After ₹125k exemption

Statutory Tax Rate

12.5%

Section 112A / 112

4% Health & Cess

₹1,100

Mandatory cess

Tax Note:

Long-Term Capital Gain taxed at 12.5% u/s 112A with ₹1,25,000 annual statutory exemption.

Total Tax Payable

₹28,600

Net gain: ₹3,45,000

Calculations apply statutory amendments under Finance (No. 2) Act, 2024. Surcharges apply if total taxable income exceeds ₹50 Lakhs.

What it is:: An Indian statutory capital gains tax calculator covering equity, real estate, gold, unlisted shares, and debt funds.
What it calculates:: Net capital gain, holding period status (LTCG vs STCG), statutory exemption deductions, and total tax payable including 4% cess.

Key Assumptions

Equity assets held > 12 months are classified as LTCG.
Real estate and physical gold held > 24 months are classified as LTCG.
Equity LTCG gets ₹1,25,000 annual statutory exemption under Section 112A.
Tax figures include mandatory 4% Health & Education Cess.

How it works

Holding Period Classification: Equity shares and equity mutual funds held for more than 12 months qualify as Long-Term Capital Assets. For immovable property, unlisted securities, and physical gold, the LTCG threshold is 24 months.

Equity Capital Gains: Short-Term Capital Gains (STCG) u/s 111A are taxed at flat 20%. Long-Term Capital Gains (LTCG) u/s 112A are taxed at 12.5% on aggregate profits exceeding ₹1,25,000 per financial year.

Real Estate & Property: LTCG is taxed at 12.5% without indexation for assets sold after 23 July 2024. For properties acquired prior to 23 July 2024, resident individuals can elect either 12.5% without indexation or 20% with indexation.

Specified Mutual Funds (Debt): Under Section 50AA, capital gains from mutual funds investing less than 35% in domestic equities are deemed short-term and taxed at applicable income slab rates.

Formula

Net Capital Gain = Full Value of Consideration - (Cost of Acquisition + Improvement + Transfer Expenses) - Statutory Exemptions

Consideration: = Gross sale value realized from transfer
Cost: = Actual purchase price or fair market value
Expenses: = Brokerage, stamp duty, transfer charges, improvement costs
Exemptions: = Deductions under Sections 54, 54EC, or 54F
Cess: = 4% Health & Education Cess levied on base tax

Rates reflect Finance (No. 2) Act, 2024: Equity STCG at 20%, Equity LTCG at 12.5% beyond ₹1.25L exemption, and Real Estate LTCG at 12.5% without indexation.

Example calculation

₹5,00,000 Equity Investment Held for 2 Years Sold for ₹8,50,000

Holding Classification: LTCG (> 12 Months)
Net Capital Gain: ₹3,45,000
Section 112A Annual Exemption: ₹1,25,000
Taxable Capital Gain: ₹2,20,000
Statutory Tax Rate: 12.5% (Finance Act 2024)
Total Tax Payable (with 4% Cess): ₹28,600

Frequently asked questions

What is the LTCG exemption limit on equity shares and equity mutual funds?

Under Section 112A as amended by Finance (No. 2) Act 2024, LTCG on listed equities and equity-oriented mutual funds is exempt up to ₹1,25,000 per financial year (increased from ₹1,00,000). Gains exceeding ₹1,25,000 are taxed at 12.5% plus 4% cess.

How are short-term capital gains on stocks taxed?

Under Section 111A, short-term capital gains on listed shares and equity mutual funds subject to STT are taxed at a flat rate of 20% (raised from 15% effective 23 July 2024), irrespective of your regular income tax slab.

Is indexation benefit available on real estate sales?

For properties acquired on or after 23 July 2024, LTCG is taxed at 12.5% without indexation. For properties acquired before 23 July 2024, resident individuals and HUFs can compute tax under both methods (12.5% without indexation vs 20% with indexation) and pay the lower amount.

How are debt mutual funds taxed?

Under Section 50AA, capital gains from specified debt mutual funds acquired on or after 1 April 2023 are treated as short-term capital gains, added to your gross income, and taxed at your applicable income tax slab rates regardless of holding period.

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