Securing Hannav Ledger...
Securing Hannav Ledger...
Calculate long-term capital gains (LTCG) tax on equity, mutual funds, property, and gold. Applies indexation where eligible, equity exemption up to ₹1.25 lakh, and shows LTCG, tax, exemption, and net gain.
Select asset type and enter transaction details
Listed shares held > 12 months — 12.5% above ₹1.25L exemption
Cost of acquisition
Sale consideration received
Brokerage, stamp duty, registration
₹3,90,000
₹1,25,000
₹33,125
₹3,56,875
| Component | Amount |
|---|---|
| Purchase Price | ₹5,00,000 |
| Total Cost (Actual) | ₹5,00,000 |
| Sale Price | ₹9,00,000 |
| Transfer Cost | ₹10,000 |
| Net Sale Proceeds | ₹8,90,000 |
| Long-Term Capital Gain (LTCG) | ₹3,90,000 |
| LTCG Exemption | ₹1,25,000 |
| Taxable Gain | ₹2,65,000 |
| LTCG Tax | ₹33,125 |
| Net Gain After Tax | ₹3,56,875 |
LTCG = Net Proceeds - Cost (indexed if beneficial); Taxable = LTCG - Exemption; Tax = Taxable × Rate; Net Gain = LTCG - TaxLong-term capital gains with indexation for eligible property/gold. Equity LTCG exemption of Rs 1.25L per year.
Long-Term Capital Gains (LTCG) arise when you sell a capital asset after the required holding period — 12 months for equity/MF, 24 months for property and gold. Equity LTCG enjoys a Rs 1.25 lakh annual exemption. Property and gold acquired before July 23, 2024 may use indexation at 20% if it lowers tax versus 12.5% without indexation.
Net Sale Proceeds = Sale Price - Transfer Cost. Actual Cost = Purchase Price + Improvement Cost. Unindexed LTCG = Net Proceeds - Actual Cost. Indexed Cost = Actual Cost × (CII of sale FY ÷ CII of purchase FY). For equity: Exemption = min(LTCG, Rs 1.25L). Taxable Gain = LTCG - Exemption. Tax = Taxable Gain × rate. Net Gain = LTCG - Tax.
Indexation adjusts the purchase cost for inflation using the Cost Inflation Index (CII). For property and gold bought before July 23, 2024, you can compare: (a) 12.5% tax on actual gain, or (b) 20% tax on indexed gain. This calculator automatically applies whichever gives lower tax. Assets bought on or after July 23, 2024 are taxed at 12.5% without indexation.
Listed equity shares and equity-oriented mutual funds held over 12 months qualify for LTCG. The first Rs 1,25,000 of LTCG in a financial year is exempt. Gains above this threshold are taxed at 12.5%. No indexation applies to equity. STT must be paid for preferential rates.
Example 1 (Equity LTCG): Buy Rs 5L (Mar 2019), sell Rs 9L (Apr 2025), transfer Rs 10K. LTCG = Rs 3.9L. Exemption = Rs 1.25L. Taxable = Rs 2.65L. Tax = Rs 33,125. Net Gain = Rs 3,56,875. | Example 2 (Property with indexation): Buy Rs 20L (FY 2010-11, CII 167), sell Rs 60L (FY 2025-26, CII 378), transfer Rs 2L. Indexed cost = Rs 45.2L. Indexed gain = Rs 12.8L. Tax at 20% = Rs 2.56L vs 12.5% on Rs 38L = Rs 4.75L — indexation saves Rs 2.19L. | Example 3 (Gold post-cutoff): Buy Rs 8L (Aug 2024), sell Rs 10L. No indexation. LTCG Rs 1.9L. Tax Rs 23,750.
LTCG Tax Rates (FY 2025-26)
Indexation: Indexed Cost = Actual Cost × (CII of sale year ÷ CII of purchase year). Lower tax option is applied automatically.