Calculate STCG & LTCG tax on investments
| Asset Type | LTCG Period | STCG Rate | LTCG Rate | Exemption |
|---|---|---|---|---|
| Equity/Stocks | ≥12 months | 20% | 12.5% | ₹1.25 L |
| Equity MF | ≥12 months | 20% | 12.5% | ₹1.25 L |
| Property | ≥24 months | 30% | 12.5% | - |
| Gold/Jewelry | ≥24 months | 30% | 12.5% | - |
| Debt Funds | ≥36 months | Slab | Slab | - |
* Rates as per Union Budget 2024. Additional 4% health & education cess applies on all taxes.
Capital Gains Tax is levied on the profit you make when selling a capital asset like stocks, mutual funds, property, or gold. The tax rate depends on the type of asset and how long you held it.
Our calculator is updated with the latest Budget 2024 rates including the new LTCG (12.5%) and STCG (20%) rates for equity, and helps you understand tax implications across different asset classes.
STCG (Short Term Capital Gains) applies when you sell an asset before the specified holding period. LTCG (Long Term Capital Gains) applies after. For stocks/equity MF, LTCG kicks in after 12 months. For property/gold, it's 24 months. Debt funds are now taxed at slab rates regardless of holding period (Budget 2023).
Budget 2024 changed rates: LTCG on equity/stocks is now 12.5% (was 10%), STCG is 20% (was 15%). LTCG on property is 12.5% without indexation (you can choose old 20% with indexation for pre-July 2024 purchases). Exemption limit on equity remains ₹1.25 lakh.
Indexation adjusts your purchase price for inflation using Cost Inflation Index (CII). This reduces your taxable gain. For property bought before July 23, 2024, you can choose between 20% tax with indexation OR 12.5% without indexation - whichever is beneficial.
You can save LTCG tax by: (1) Investing in residential property (Sec 54/54F), (2) Buying capital gains bonds (Sec 54EC), (3) Utilizing ₹1.25L exemption for equity, (4) Tax-loss harvesting - selling loss-making investments to offset gains, (5) Investing in specified startups (Sec 54GB).
No, intraday trading profits are treated as speculative business income, not capital gains. They are taxed at your slab rate. F&O trading is treated as non-speculative business income. Only delivery-based equity trading qualifies for capital gains treatment.