Capital Gains Calculator
Updated for Budget 2024: LTCG 12.5% above ₹1.25L on listed equity; STCG 20%. Debt MFs purchased after April 2023 taxed at slab.
Transaction
Listed equity / equity MF: STCG 20% (Sec 111A), LTCG 12.5% above ₹1.25L exemption (Sec 112A). Post Budget 2024 rates.
Frequently asked questions
What changed in Budget 2024 for capital gains?
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LTCG on listed equity/equity MFs was raised from 10% to 12.5% (exemption increased from ₹1L to ₹1.25L). STCG on equity went from 15% to 20%. Indexation was removed on LTCG for property and other assets, with LTCG at 12.5% without indexation.
What is the holding period for LTCG?
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Listed equity/equity MFs: 12 months. Property, unlisted shares, gold and other assets: 24 months. Debt MFs purchased after 1 April 2023 have no LTCG benefit — always slab.
Does ₹1.25L exemption apply every year?
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Yes. Each financial year, the first ₹1.25 lakh of equity LTCG is exempt. Beyond that, 12.5% applies.
Are debt mutual funds taxed differently?
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Yes. Debt MFs bought on or after 1 April 2023 are taxed at your slab rate with no LTCG benefit. Older debt MF units still enjoy LTCG at 12.5% without indexation (Budget 2024).
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