India Capital Gains Tax Calculator
Your tax on selling shares, mutual funds, property, gold or anything else in India: short or long term, the rate after Budget 2024, indexation and exemptions.
Costs you can take off
Special values
Shares bought before 1 Feb 2018: this can replace your cost (grandfathering).
Bought before 2001: you can use this as the cost. For land or a building it can’t be more than the stamp-duty value on 1 April 2001.
Counts as the sale price if it's over 110% of what you got.
About you
Uses up the ₹1.25 lakh tax-free limit first.
Save tax by reinvesting (long-term gains)
Line by line
How your capital gains tax is worked out
Tax = (gain − tax-free part) × rate, plus 4% cess.
- 1
How long you held it
15 Jun 2023 →15 Jun 2026= 3 yearsLong term
- 2
Your gain
₹8,00,000− ₹5,00,000= ₹3,00,000
- 3
Taxable part
₹3,00,000− ₹1,25,000(tax-free limit)= ₹1,75,000
- 4
Tax plus cess
₹1,75,000 × 12.5%= ₹21,875+ ₹875 cess= ₹22,750
Read more: the formula, worked examples, rates, CII table and exemptions
When you sell something you own for more than it cost, the profit is a capital gain. How it's taxed in India depends on what you sold and how long you held it. Short-term gains on listed shares and equity funds have their own rate; other short-term gains are added to your income and taxed at your slab. Long-term gains get lower rates, a yearly tax-free amount for equity, and, for property bought before 23 July 2024, the option of indexation.
The formula
gain = sale price − selling costs − (cost + buying costs + improvements)
indexed cost = cost × CII of the sale year ÷ CII of the buying year (property bought before 23 July 2024, resident individual or HUF)
listed equity, long term: taxable = gain − ₹1.25 lakh a year
tax = taxable gain × rate, + surcharge if total income is over ₹50 lakh
total = tax × 1.04 (4% cess)
Worked example
You bought listed shares on 15 June 2023 for ₹5,00,000 and sold them on 15 June 2026 for ₹8,00,000.
You held them for 3 years, more than 12 months, so the gain is long term. The gain is ₹8,00,000 − ₹5,00,000 = ₹3,00,000. The first ₹1,25,000 of long-term equity gains in the year is tax-free, which leaves ₹1,75,000 taxable. Tax at 12.5% is ₹21,875. Cess at 4% adds ₹875, so the total is ₹22,750. You keep ₹2,77,250 of the gain, and ₹7,77,250 of the sale money is in your hand after tax.
Property example: a flat bought in May 2010 for ₹30,00,000 and sold in August 2026 for ₹1,00,00,000, with ₹1,00,000 selling costs. Without indexation the gain is ₹69,00,000, and tax at 12.5% is ₹8,62,500. With indexation the cost becomes ₹30,00,000 × 384 ÷ 167 = ₹68,98,204 (rounded), the gain ₹30,01,796, and tax at 20% is ₹6,00,359. The lower one, with indexation, applies. Total income is counted without indexation (₹69 lakh, over ₹50 lakh), so a 10% surcharge (₹60,036) is added, then 4% cess (₹26,416): ₹6,86,811 in all.
Rates for sales on or after 23 July 2024
| What you sold | Long term after | Short-term tax | Long-term tax |
|---|---|---|---|
| Listed shares, equity funds, equity ETFs (STT paid) | 12 months | 20% | 12.5% above ₹1.25 lakh a year |
| Land, house or building | 24 months | Slab rate | 12.5%, or 20% with indexation if bought before 23 July 2024 (resident individual or HUF), whichever is lower |
| Gold, jewellery | 24 months | Slab rate | 12.5% |
| Unlisted shares | 24 months | Slab rate | 12.5% |
| Debt funds bought before 1 April 2023 | 24 months | Slab rate | 12.5% |
| Debt funds bought on or after 1 April 2023 | Never | Slab rate | Slab rate |
Sales before 23 July 2024
Short-term equity gains were taxed at 15% and long-term equity gains at 10% above ₹1 lakh (₹1.25 lakh for the whole of FY 2024-25). Other long-term gains were taxed at 20% with indexation. Gold, debt funds bought before April 2023 and "other" assets needed more than 36 months to be long term; land, buildings and unlisted shares needed 24. The calculator uses these rules if the sale date is before 23 July 2024.
Cost Inflation Index (CII)
Indexation raises your cost in line with inflation, using the government's CII for the year you bought and the year you sold. Assets bought before 1 April 2001 start from FY 2001-02 (100), using their value on that date. An improvement is indexed from the year it was made.
| Financial year | CII |
|---|---|
| FY 2026-27 | 384 |
| FY 2025-26 | 376 |
| FY 2024-25 | 363 |
| FY 2023-24 | 348 |
| FY 2022-23 | 331 |
| FY 2021-22 | 317 |
| FY 2020-21 | 301 |
| FY 2019-20 | 289 |
| FY 2018-19 | 280 |
| FY 2017-18 | 272 |
| FY 2016-17 | 264 |
| FY 2015-16 | 254 |
| FY 2014-15 | 240 |
| FY 2013-14 | 220 |
| FY 2012-13 | 200 |
| FY 2011-12 | 184 |
| FY 2010-11 | 167 |
| FY 2009-10 | 148 |
| FY 2008-09 | 137 |
| FY 2007-08 | 129 |
| FY 2006-07 | 122 |
| FY 2005-06 | 117 |
| FY 2004-05 | 113 |
| FY 2003-04 | 109 |
| FY 2002-03 | 105 |
| FY 2001-02 | 100 |
Exemptions: sections 54, 54EC and 54F
- Section 54: long-term gain from selling a house, reinvested in another house in India (bought 1 year before or 2 years after the sale, or built within 3 years). The exempt amount is the lower of the gain and the amount invested, up to ₹10 crore.
- Section 54EC: long-term gain from land or a building, put into specified bonds (such as NHAI, REC, PFC, IRFC) within 6 months. Up to ₹50 lakh, locked in for 5 years.
- Section 54F: long-term gain from anything other than a house (shares, gold, a plot), put into a new house. The exempt part is gain × amount invested ÷ net sale price, so you need to invest the whole net sale price to save all the tax.
Money not used by the time you file your return goes into the Capital Gains Account Scheme at a bank to keep the exemption.
Other rules worth knowing
- Grandfathering: for listed equity bought before 1 February 2018, the cost is the higher of what you paid and the 31 January 2018 price (but not more than the sale price).
- Stamp-duty value (s.50C): if the government's value of the land or building is more than 110% of what you sold it for, that value is used as the sale price.
- Losses: a short-term loss can be set off against any capital gain; a long-term loss only against long-term gains. Either can be carried forward for 8 years if you file your return on time.
- NRIs: no indexation option on property; the buyer deducts TDS on the sale.
- Low incomes: residents whose other income is below the basic exemption limit can use the unused part against special-rate gains. The calculator doesn't do this; it treats your other income as already above the limit.
- Slab-rate gains are shown at the slab you pick. Surcharge uses new-regime rates (10%, 15%, 25%) on total income, capped at 15% for long-term gains and equity short-term gains, without marginal relief.
For general information, for individuals. Section numbers are from the Income-tax Act 1961. Rules checked on 11 October 2026. Confirm with a tax professional before filing.
Common questions
What is the capital gains tax rate on shares in India?
For listed shares and equity mutual funds sold on or after 23 July 2024, short-term gains (held 12 months or less) are taxed at 20%. Long-term gains (held more than 12 months) are taxed at 12.5%, but the first ₹1.25 lakh of long-term equity gains each financial year is tax-free. 4% cess is added on top of the tax.
Is indexation still allowed on property?
From 23 July 2024, long-term gains on property are taxed at 12.5% without indexation. If you are a resident individual or HUF and bought the land or building before 23 July 2024, you can pay the lower of 12.5% without indexation and 20% with indexation. The calculator works out both and picks the lower one.
When does an asset become long term?
Listed shares, equity mutual funds and other listed securities are long term if you hold them for more than 12 months. Property, gold, unlisted shares and most other assets need more than 24 months. Debt mutual funds bought on or after 1 April 2023 are always taxed at your slab rate, however long you hold them.
How is LTCG on equity mutual funds calculated?
Take the sale value, subtract what you paid and any brokerage, and you have the gain. Take off the ₹1.25 lakh yearly exemption (less any you have already used this year) and tax the rest at 12.5%, then add 4% cess. For example, a ₹3 lakh gain leaves ₹1.75 lakh taxable, so the tax is ₹21,875 plus ₹875 cess, ₹22,750 in all.
How can I save capital gains tax on selling a house?
Long-term gains from a house can be exempt under section 54 if you buy or build another house (up to ₹10 crore counts). Gains from land or buildings can also go into section 54EC bonds, up to ₹50 lakh, within 6 months. Section 54F gives a share of the exemption when gains from other assets go into a new house.
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