Capital Gains Tax Calculator
India FY 2025-26 & FY 2026-27 — Budget 2024 rates including grandfathering for property
Capital Gains Tax – Frequently Asked Questions
What are the capital gains tax rates in India for FY 2026-27?
Listed equity shares and equity mutual funds: short-term gains (held up to 12 months) are taxed at 20% under Section 111A, and long-term gains (over 12 months) at 12.5% on the amount above the ₹1,25,000 annual exemption under Section 112A. Immovable property, gold, debt and unlisted shares held long-term (over 24 months) are taxed at 12.5% without indexation; their short-term gains are added to your total income and taxed at your slab rates. Debt mutual funds purchased on or after 1 April 2023 are always taxed at slab rates.
What is the grandfathering benefit on property bought before 23 July 2024?
For land or building acquired before 23 July 2024, you may pay the lower of (a) 12.5% without indexation or (b) 20% with indexation, using the Cost Inflation Index. This calculator computes both figures and automatically applies the lower one, so a low-appreciation property is not over-taxed. Property acquired on or after 23 July 2024 is taxed only at 12.5% without indexation, with no indexation option.
How is the holding period decided for long-term versus short-term?
Listed shares, equity mutual funds and business trust units become long-term after 12 months. Immovable property, gold, unlisted shares and most other assets become long-term after 24 months (Budget 2024 removed the earlier 36-month category for most assets). Debt mutual funds bought on or after 1 April 2023 are treated as short-term regardless of the holding period.
Which exemptions can reduce my capital gains tax?
Common reinvestment exemptions include Section 54 (buying a residential house from the sale of a house), 54F (from the sale of any other long-term asset), 54EC (investing up to ₹50 lakh in notified NHAI or REC bonds within 6 months) and 54B (agricultural land). Enter the eligible reinvestment in the exemption field and it is deducted from the taxable gain, capped at the gain itself.
Is the ₹1,25,000 exemption available on all long-term gains?
No. The ₹1,25,000 annual exemption applies only to long-term gains on listed equity shares and equity mutual funds under Section 112A. Long-term gains on property, gold, debt and unlisted shares do not get this exemption. Resident individuals can, however, set the unused portion of the basic exemption limit against such gains if their other income is below the limit.
This calculator provides an indicative estimate for general guidance and is not tax advice. Capital gains taxation depends on facts specific to each transaction; please confirm the final position with your Chartered Accountant.