Capital Gains Tax Calculator
Compute Short-Term (STCG) and Long-Term (LTCG) tax liability under the revised Budget 2024–26 rules: 20% STCG, 12.5% LTCG with ₹1.25 Lakh exemption, real estate grandfathering, and 4% cess.
Budget 2024 amendment grants individual taxpayers the choice to pay either 12.5% without indexation OR 20% with indexation (CII), whichever computes lower tax liability.
Complete Guide to Capital Gains Tax Changes in Budget 2024–26
The Union Finance Act 2024 introduced sweeping simplifications and restructuring to India's capital gains regime, taking effect on July 23, 2024. It unified holding period definitions and revised tax rates across asset classes.
Master Capital Gains Rate Matrix (Effective FY 2024–25 & 2025–26)
| Asset Type | LTCG Holding Period | Short-Term Rate (STCG) | Long-Term Rate (LTCG) | Exemption Limit |
|---|---|---|---|---|
| Listed Equity & Equity MFs | > 12 Months | 20% (Sec 111A) | 12.5% (Sec 112A) | ₹1,25,000 / FY |
| Real Estate (Land & Buildings) | > 24 Months | Slab Rates | 12.5% (Without Indexation)* | Sec 54 / 54EC / 54F |
| Physical Gold, Silver & SGB | > 24 Months | Slab Rates | 12.5% (Without Indexation) | Nil |
| Debt Mutual Funds (Post Apr 23) | Always STCG | Slab Rates (Sec 50AA) | Slab Rates | Nil |
Frequently Asked Questions (FAQs)
What are the new Capital Gains Tax rates after Budget 2024? ▼
For listed equities and equity mutual funds: Short-Term Capital Gains (STCG) increased from 15% to 20%. Long-Term Capital Gains (LTCG) increased from 10% to 12.5%, while the annual tax-free exemption limit was raised from ₹1 Lakh to ₹1.25 Lakh.
How is real estate LTCG taxed under the new budget? ▼
For properties purchased on or after July 23, 2024, LTCG is taxed at 12.5% without indexation. For properties acquired before July 23, 2024, taxpayers have a choice between 12.5% without indexation OR 20% with Cost Inflation Index (CII) indexation benefit, whichever is lower.
What is the holding period threshold for Long-Term Capital Gains? ▼
Listed equity shares and equity mutual funds qualify as long-term after 12 months. Real estate, physical gold, unlisted shares, and sovereign bonds qualify as long-term after 24 months.
Is 4% Health and Education Cess added to capital gains tax? ▼
Yes, a mandatory 4% Health & Education Cess is levied on the computed capital gains tax liability across all asset classes.