Free Tool · FY 2025-26 · Client-side only
Capital Gains Calculator post-23 July 2024
Compute listed-equity and property gains using the amended rate era, or see why specified debt mutual funds need a slab-rate calculation.
Reviewed by Harun Raaj, CA — ICAI Membership No. 238303 · Firm Reg. 19027S · Updated July 2026
IF / THEN decision path
IF asset is listed equity, THEN holding period over 12 months is LT and sale date selects the rate era. IF asset is land/building, THEN holding period over 24 months is LT and pre-cutover acquisition may trigger the grandfather comparison. IF asset is a specified debt MF acquired on or after 01-04-2023, THEN Section 50AA treats the gain as STCG and the slab rate is not computed here.
Statutory basis
LTCG on listed equity shares and equity-oriented mutual funds where STT conditions apply.
STCG on listed equity shares and equity-oriented mutual funds where STT conditions apply.
Computation of capital gains; the property grandfather comparison needs an indexed cost supplied by the user.
Specified debt mutual funds acquired on or after 1 April 2023 are deemed STCG and follow the slab-rate treatment.
Section 70, Section 71 and Section 74 govern capital-loss set-off and carry-forward; this tool does not combine other transactions.
Frequently Asked Questions
Is the equity exemption per sale?+
1. No. The ₹1,25,000 Section 112A exemption is an annual limit for eligible listed-equity LTCG, not a fresh exemption on every sale. This calculator models the entered gain in isolation; combine all eligible gains before filing.
Which date decides the equity rate regime?+
2. The sale date decides the rate era. A sale on or after 23 07 2024 uses the post-cutover rates; a sale before that date uses the pre-cutover rates. The purchase date only helps determine the holding period.
How does the property grandfather rule work?+
3. For land or building acquired before 23 July 2024 by a resident individual or HUF, compare 12.5% without indexation against 20% on the indexed gain. This calculator needs your indexed cost manually because CII values are not in the approved config.
What happens to specified debt mutual funds?+
4. Under Section 50AA, specified debt mutual funds acquired on or after 01-04-2023 are deemed STCG regardless of holding period. The gain is taxed at the applicable slab rate; use the regime calculator for the slab computation.
Does the calculator handle capital-loss set-off?+
5. No. Capital-loss set-off and carry-forward rules are unchanged by this calculator. Review Sections 70, 71 and 74 and combine all capital gains and losses in the return computation.
Why do other calculators show old rates?+
6. Those were the pre-23 July 2024 listed-equity LTCG settings: 10% and ₹1,00,000 exemption, with 15% STCG. For post-cutover sales, the approved config uses 12.5%, ₹1,25,000 annual exemption, and 20% STCG.