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Calculate STCG & LTCG tax on equity, mutual funds, property, and gold — updated for Budget 2024
Enter details and click Calculate Tax
Capital gains tax is levied on the profit earned when you sell a capital asset — such as stocks, mutual funds, real estate, or gold — for more than its purchase price. Under the Income Tax Act, 1961, capital gains are classified as Short-Term Capital Gains (STCG) or Long-Term Capital Gains (LTCG) based on how long you held the asset before selling. The holding period threshold and applicable tax rates vary by asset class. Capital gains tax is a significant component of investment returns planning, and understanding the rules helps investors make tax-efficient decisions about when to sell and which assets to hold.
The Union Budget 2024 introduced major changes to capital gains taxation in India, effective from FY 2024-25. For listed equity shares and equity mutual funds, the STCG rate was increased from 15% to 20%, while the LTCG rate was raised from 10% to 12.5%. The LTCG exemption threshold was raised from ₹1 lakh to ₹1.25 lakh per year under Section 112A. For property and gold, the LTCG rate was standardized at 12.5% with the removal of the indexation benefit that previously allowed taxpayers to adjust purchase price for inflation using the Cost Inflation Index (CII). The government argued that the lower 12.5% flat rate compensates for the removal of indexation in most cases, though long-holding property investors may see higher tax outgo.
For debt mutual funds purchased after April 1, 2023, gains are taxed at the investor's income tax slab rate regardless of holding period. This effectively eliminates the LTCG advantage that debt MFs previously enjoyed. The maximum rate for the highest tax bracket is 30% (plus 4% cess), making debt MFs tax-equivalent to fixed deposits for high-income investors.
The classification as STCG or LTCG depends entirely on the holding period. For listed equity shares and equity mutual funds (funds with 65%+ equity allocation), the threshold is 12 months. Selling within 12 months of purchase results in STCG taxed at 20%; holding for 12 months or more qualifies for LTCG at 12.5% with ₹1.25 lakh exemption. For real estate and gold (including gold ETFs and sovereign gold bonds), the threshold is 24 months. Property held for less than 2 years attracts STCG at slab rates (up to 30%), while holding for 2+ years qualifies for the 12.5% LTCG rate (without indexation from FY 2024-25).
Investors can reduce capital gains tax through several legal strategies. The most straightforward is tax-loss harvesting — selling loss-making investments to offset gains. Short-term losses can be set off against both STCG and LTCG, while long-term losses can only be set off against LTCG. Unabsorbed losses can be carried forward for up to 8 assessment years. For property gains, Section 54 allows exemption if the proceeds are reinvested in a new residential house within 2 years (purchase) or 3 years (construction). Section 54EC allows exemption up to ₹50 lakh if invested in specified bonds (NHAI/REC) within 6 months of sale. For equity investors, the ₹1.25 lakh annual LTCG exemption can be utilized strategically by booking profits systematically each year rather than making a single large sale.
| Feature | JumpTools | ClearTax | 5paisa | Fisdom | Groww |
|---|---|---|---|---|---|
| Price | Free | Free (ads) | Free (account) | Free (ads) | Free (account) |
| Privacy | 100% local | Server-side | Account required | Server-side | Account required |
| All 5 Asset Types | Yes - compare all | Equity only | Equity + MF | Equity + MF | Equity + MF |
| STCG vs LTCG Toggle | Auto-detect | Manual select | Manual select | Auto-detect | Manual select |
| Cross-Asset Comparison | Same gain, all assets | No | No | No | No |
| Bar Chart | Interactive chart | No | No | No | No |
| Reference Table (150 rows) | Yes + CSV export | No | No | No | No |
| No Signup | Yes | Yes | No | Yes | No |
Equity, Equity MF, Debt MF, Property, and Gold with correct STCG/LTCG rules
Automatically determines short-term or long-term based on holding period
See how the same gain is taxed across all 5 asset types in one view
Updated rates: STCG 20%, LTCG 12.5% for equity, no indexation for property
Select Asset Type Choose from Equity Shares, Equity MF, Debt MF, Property, or Gold
Enter Prices Input your purchase price and sale price (₹1K to ₹50Cr)
Set Holding Period Enter how many months you held the asset (1 to 360 months)
View Tax Breakdown See STCG/LTCG classification, tax rate, exemption, cess, and total tax payable
Calculate STCG and LTCG tax instantly for equity shares, mutual funds, property, and gold. Updated for Budget 2024 rates — STCG 20%, LTCG 12.5% for equity, no indexation for property. Compare tax across all 5 asset classes in one view. 100% client-side — your financial data never leaves your browser.