FinCalc India Logo
FinCalcIndia
Budget 2024 Statutory Rules

Capital Gains Tax Calculator India (Budget 2024 Revised)

Calculate Short-Term (STCG) and Long-Term (LTCG) Capital Gains Tax across Equity, Real Estate, Gold, and Debt Funds post-Budget 2024 revisions with real estate grandfathering comparisons.

Advertisement Placeholder
Ad Slot #header-bottom

Adjust Parameters

₹
₹
1,0001,00,00,00,000

Total redemption proceeds or property sale value.

₹
₹
01,00,00,00,000

Original purchase amount or mutual fund investment cost.

months
months
1600

Qualifies as Long-Term Capital Gain (LTCG)

₹
₹
01,00,00,000

Brokerage, legal fees, or advertising costs directly related to transfer.

₹
₹
010,00,00,000

Reinvestment in residential house (Sec 54) or capital gains bonds (Sec 54EC up to ₹50L).

Total Tax Payable
₹48,426

Effective Tax Rate: 9.73% (Includes 4% Health & Education Cess)

Gain Category
LTCG
Statutory Rate: 12.5%
Net Capital Gain
₹5,00,000
Sale: ₹14,97,500 | Cost: ₹10,00,000
Exemptions Applied
₹1,25,000
Sec 112A: ₹1,25,000
Net Taxable Gain
₹3,72,500
Base Tax: ₹46,563 + Cess: ₹1,863

Statutory Assessment Notes

  • •Under Section 112A (revised in Union Budget 2024), LTCG on listed equities is taxed at 12.5% (plus 4% cess) on gains exceeding the enhanced statutory exemption of ₹1,25,000.
Advertisement Placeholder
Ad Slot #mid-content

Capital Gains Tax Law & Formulas (Union Budget 2024)

Transparent mathematical formulas and assumptions used across our financial engines.

Mathematical Formula
Taxable Gain = Net Sale Value - Cost of Acquisition - Statutory Exemptions

Variables & Legend

NSV
Gross Sale Consideration minus Transfer Expenses
Cost
Purchase price + capital improvement costs
Sec112A
₹1,25,000 threshold for listed equities
Rate
12.5% LTCG / 20% STCG / Slab rate + 4% cess

Step-by-Step Calculation

  1. Net Sale Consideration: Net Sale = Full Sale Consideration - Transfer Costs

    Deduct brokerage, stamp fees, or sales commission from the total sale price.

  2. Determine Holding Period: Listed Equity: 12 Months | Real Estate & Gold: 24 Months

    Determine whether the asset qualifies as Short-Term or Long-Term Capital Gain.

  3. Apply Statutory Exemption: Section 112A = min(Gain, ₹1,25,000) for Listed Equities

    Section 112A provides ₹1,25,000 tax-free LTCG per financial year.

  4. Compute Tax & 4% Health Cess: Total Tax = (Taxable Gain × Statutory Rate) × 1.04

    Apply the statutory tax rate and add mandatory 4% Health and Education Cess.

Frequently Asked Questions

From July 23, 2024 onwards: (1) Listed Equity LTCG is 12.5% with ₹1.25 Lakh exemption, (2) Listed Equity STCG is 20%, (3) Real estate LTCG is 12.5% without indexation (or 20% with indexation for pre-July 23, 2024 buys), (4) Physical gold and unlisted shares LTCG is 12.5% without indexation.

Related Tax & Investment Calculators

Explore Alternatives