Use TaxSpanner’s advanced Capital Gains Calculator to accurately estimate your tax liabilities on various assets, including real estate, stocks, and mutual funds.

What Are Capital Gains?

Capital gains refer to the profit earned from selling an asset for more than its purchase price. These gains are categorized into Short-Term Capital Gains (STCG) and Long-Term Capital Gains (LTCG) depending on the holding period of the asset.

What Qualifies as an Asset?

Assets include properties such as real estate, stocks, mutual funds, and other financial investments that may appreciate in value over time. These assets are subject to capital gains tax when sold.

How to Use TaxSpanner’s Capital Gains Tax Calculator

Simply input the required details of your asset transaction, such as purchase price, sale price, and holding period. Our calculator will quickly provide the applicable tax on your capital gains, whether short-term or long-term.

How TaxSpanner’s Capital Gains Tax Calculator Helps You

Our calculator offers:

• Instant calculations of capital gains tax for different asset types.
• Clarity on tax-saving opportunities through indexation and exemptions.
• Tailored advice for both long-term and short-term capital gains.

How to Calculate Capital Gains Tax on Assets

Capital gains tax depends on the type of asset, the duration for which it was held, and the applicable rates for short-term or long-term gains.

Capital Gain = Sale Price - (Cost of Acquisition + Cost of Improvement + Transfer Costs)

Short-Term Capital Gains (STCG)

For assets held for a shorter period (less than 36 months for property, less than 12 months for stocks), short-term capital gains apply. These are taxed at higher rates.

Long-Term Capital Gains (LTCG)

For assets held longer, long-term capital gains tax applies, and this rate is generally lower. You may also benefit from indexation to adjust for inflation.

Holding Period for STCG and LTCG in 2024

• Real Estate: STCG applies if sold within 36 months, LTCG applies if held beyond 36 months.

• Equity & Mutual Funds: STCG applies if sold within 12 months, LTCG applies if held beyond 12 months.

Long-Term Vs Short-Term Capital Gains Tax Rates in India (2024)

In India, short-term capital gains are taxed at the applicable income tax slab rate for non-equity assets. For equity and equity-oriented mutual funds, STCG is taxed at 15%. Long-term capital gains on real estate and other non-equity assets are taxed at 20% with indexation, while LTCG on equity above Rs. 1 lakh is taxed at 10% without indexation.

Mutual Fund Taxation: Long-Term vs Short-Term Profits

• Short-Term Profits: Mutual funds held for less than 12 months are taxed as STCG, at 15% for equity funds.

• Long-Term Profits: For holdings over 12 months, LTCG is applicable. Gains over Rs. 1 lakh are taxed at 10% for equity funds.

Calculate Short-Term Capital Gains Tax

Enter the sale and purchase details of your asset. The calculator will determine the short-term capital gains and applicable tax rate based on current laws.

STCG = Sale Price - Cost of Acquisition - Cost of Improvement

Calculate Long-Term Capital Gains Tax

For assets held beyond the specified period, our calculator factors in indexation benefits, giving you an accurate estimate of long-term capital gains tax.

LTCG = Sale Price - Indexed Cost of Acquisition - Indexed Cost of Improvement

Try TaxSpanner’s Capital Gains Tax Calculator Today!

Effortlessly calculate your capital gains tax with indexation, tailored to your specific asset type and holding period.