LTCG & STCG Tax Calculator
Calculate capital gains tax on stocks, mutual funds, property, and gold. Updated with post-Budget 2024 tax rates — 12.5% LTCG and 20% STCG on equity.
Last updated: 2026-03-28
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Important: This calculator provides estimates based on the inputs and assumptions you provide. Results are mathematical projections, not financial advice or recommendations. Actual outcomes will vary based on market conditions, policy changes, individual circumstances, and factors not captured by this tool. Verify all figures independently and consult qualified professionals before making financial decisions.
Understanding Capital Gains Tax in India
Capital gains tax is levied on the profit earned from selling a capital asset such as stocks, mutual funds, property, or gold. The tax rate depends on the type of asset and the holding period. Budget 2024 brought significant changes to capital gains taxation in India.
LTCG vs STCG: What's the Difference?
Long-Term Capital Gains (LTCG) arise when you sell an asset after holding it beyond the specified period. These are taxed at lower rates to encourage long-term investing. Short-Term Capital Gains (STCG) apply when assets are sold before the minimum holding period, attracting higher tax rates.
Holding Periods by Asset Class (Post-Budget 2024)
| Asset Class | LTCG Threshold | LTCG Rate | STCG Rate |
|---|---|---|---|
| Listed Equity Shares | 12 months | 12.5% (above ₹1.25L) | 20% |
| Equity Mutual Funds | 12 months | 12.5% (above ₹1.25L) | 20% |
| Debt Mutual Funds (pre-Apr 2023) | 24 months | 12.5% (no indexation) | Slab rate |
| Debt MFs (post-Apr 2023) | — | Slab rate (no LTCG benefit) | Slab rate |
| Real Estate / Property | 24 months | 12.5% (no indexation) | Slab rate |
| Gold / Gold ETFs | 24 months | 12.5% (no indexation) | Slab rate |
| Unlisted Shares | 24 months | 12.5% | Slab rate |
Key Budget 2024 Changes
- LTCG on equity increased from 10% to 12.5%; STCG increased from 15% to 20%
- LTCG exemption on equity raised from ₹1 lakh to ₹1.25 lakh per year
- Indexation benefit removed for all asset classes (property, gold, debt MFs)
- Holding period for property and gold reduced from 36 to 24 months
- For properties bought before July 23, 2024, taxpayers can choose between 20% with indexation or 12.5% without indexation — whichever is lower
Section 54 and 54EC Exemptions
Section 54: If you sell a residential property and reinvest the LTCG in another residential property (purchase within 2 years or construction within 3 years), the capital gain is exempt from tax.
Section 54EC: Invest up to ₹50 lakh of LTCG from property sale in specified bonds (NHAI, REC, IRFC, PFC) within 6 months to claim exemption. These bonds have a 5-year lock-in period.
Frequently Asked Questions
What is the LTCG tax rate on equity and equity mutual funds after Budget 2024?
From July 23, 2024, long-term capital gains (LTCG) on listed equity shares and equity mutual funds are taxed at 12.5% (previously 10%) on gains exceeding ₹1.25 lakh per financial year. The holding period for long-term classification remains 12 months.
What is the STCG tax rate on equity?
Short-term capital gains (STCG) on listed equity shares and equity mutual funds are taxed at 20% (previously 15%) after Budget 2024. STCG applies when equity is sold within 12 months of purchase.
How are debt mutual funds taxed?
Debt mutual funds purchased on or after April 1, 2023 are taxed at your income tax slab rate regardless of holding period — there is no LTCG benefit. Funds purchased before this date and held for over 3 years get 12.5% LTCG tax without indexation (post-Budget 2024).
What is the holding period for different asset classes?
Listed equity & equity MFs: 12 months. Debt MFs: 24 months (for pre-April 2023 purchases). Listed bonds & debentures: 12 months. Unlisted shares: 24 months. Real estate & gold: 24 months (reduced from 36 months in Budget 2024).
What are Section 54 and 54EC exemptions?
Section 54 allows exemption from LTCG tax on property sale if you reinvest the gains in another residential property within specified time limits. Section 54EC allows exemption by investing up to ₹50 lakh in specified bonds (NHAI, REC) within 6 months of sale. These exemptions can significantly reduce or eliminate your capital gains tax.
Is there a basic exemption for LTCG on equity?
Yes. LTCG on listed equity shares and equity-oriented mutual funds up to ₹1.25 lakh per financial year is exempt from tax (increased from ₹1 lakh in Budget 2024). This exemption applies per person, not per transaction.
How is capital gains tax on property calculated after Budget 2024?
Post-Budget 2024, LTCG on property is taxed at 12.5% without indexation benefit (previously 20% with indexation). The holding period for long-term classification has been reduced to 24 months. For properties purchased before July 23, 2024, taxpayers can choose the option that results in lower tax.
Are there any surcharges on capital gains tax?
Yes. Surcharge applies on income tax including capital gains tax based on total income slabs. However, for LTCG on equity and equity MFs, the maximum surcharge is capped at 15% regardless of income level. Health & Education Cess of 4% applies on tax plus surcharge.
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Disclaimer
This calculator is for educational purposes only and does not constitute financial or tax advice. Capital gains tax rules are subject to change through government notifications and budget amendments. The rates shown reflect post-Budget 2024 changes. Consult a qualified chartered accountant or tax advisor for your specific situation.