What is the LTCG tax rate on equity in FY 2024-25?

After Budget 2024: LTCG on listed equity shares and equity mutual funds is taxed at 12.5% (up from 10%) for gains above ₹1.25 lakh per year. Holding period: more than 12 months.

What is STCG tax rate on equity?

STCG on listed equity shares and equity mutual funds is 20% (up from 15% before Budget 2024). This applies if held for 12 months or less.

Is there indexation benefit on property?

Budget 2024 removed indexation for property sold after 23 July 2024. LTCG on property is now taxed at 12.5% without indexation. For property purchased before 2001, fair market value as of 2001 can be used as cost.

How is capital gains on debt mutual funds taxed?

Post-2023 budget change: debt mutual funds purchased after 1 April 2023 are taxed at slab rates (no LTCG/STCG distinction). Funds purchased before 1 April 2023 follow old rules: LTCG at 20% with indexation if held > 3 years.

Capital Gains Tax Calculator

Calculate LTCG & STCG on equity, mutual funds, property, gold — updated for Budget 2024 rates (12.5% LTCG, 20% STCG on equity).

Trade Details

Buy Price (₹ per share)

Sell Price (₹ per share)

Number of Shares

Holding Period

STT paid on sell? (listed shares)

Other Taxable Income (₹/year) — for STCG slab

Capital Gains Tax

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Gain / Loss

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Tax Rate

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LTCG Exempt

Equity Tax Rates FY 2024-25 (Budget 2024)

Type	Holding	Tax Rate	Exempt
Listed equity (STT paid)	≤12 mo	20% STCG	—
Listed equity (STT paid)	>12 mo	12.5% LTCG	₹1.25L/year
Unlisted equity	≤24 mo	Slab rate	—
Unlisted equity	>24 mo	12.5%	—

Mutual Fund Details

Purchase NAV (₹)

Redemption NAV (₹)

Units Redeemed

Holding Period

Equity exposure in fund

Capital Gains Tax

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Total Gain

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Tax Rate

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LTCG Exempt

⚠️ Budget 2023 change: Debt mutual funds bought on/after 1 April 2023 are taxed at your income tax slab rate regardless of holding period — no LTCG/indexation benefit. Only funds bought before 1 April 2023 and held >3 years qualify for 20% LTCG with indexation.

Debt Fund Details

Purchase Date

Purchase NAV (₹)

Redemption NAV (₹)

Units Redeemed

Holding Period

Cost Inflation Index (Purchase Year)

Your Income Tax Slab Rate (%)

Capital Gains Tax

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Gain

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Rate

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Indexed Cost

⚠️ Budget 2024 change: For property sold after 23 July 2024, LTCG is now 12.5% without indexation. Indexation was removed. The option to use 20% with indexation was available for property bought before 23 July 2024 (check with your CA).

Property Details

Purchase Price (₹)

Sale Price (₹)

Improvement Cost (₹)

Holding Period

Your Income Tax Slab Rate (for STCG %)

Capital Gains Tax

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Capital Gain

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Rate

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+4% Cess

Gold / SGB Details

Gold Type

Purchase Price (₹)

Sale Price (₹)

Holding Period

Your Tax Slab (for STCG)

Capital Gains Tax

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Gain

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Rate

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Tax + Cess

Gold Tax Rules FY 2024-25

Physical gold: LTCG at 12.5% (held >24 months), STCG at slab rate
SGB maturity: Completely tax exempt if held to 8-year maturity. Premature redemption after 5 years: LTCG at 12.5%
Gold ETF / FoF: Treated as debt fund post-Apr 2023 — taxed at slab rate regardless of holding

Capital Gains Tax in India — Key Rules

Capital gains are profits from selling a capital asset (shares, property, gold, mutual funds). They are classified as LTCG (long-term) or STCG (short-term) based on the holding period, and taxed differently.

Budget 2024 Key Changes

LTCG on equity raised from 10% to 12.5%
STCG on equity raised from 15% to 20%
LTCG exemption raised from ₹1 lakh to ₹1.25 lakh
Indexation removed on property for sales after 23 July 2024

* This calculator is for estimation purposes only. Consult a CA for exact computation and filing.