What is Capital Gains Tax?
Capital gains tax is the tax you pay on the profit from selling a capital asset — shares, mutual funds, property or gold. The gain is classified as short-term or long-term based on how long you held the asset, and each asset type has its own holding-period threshold and tax rate.
Formula
Holding periods and rates vary by asset:
Capital Gain = Sale Price − Purchase Price LTCG if held longer than: Equity: 12 months → 10% on gains above ₹1 lakh/yr Property/Gold: 24 m → 20% (with indexation benefit) Debt funds: taxed at slab (no LTCG from FY 23-24) STCG otherwise: Equity: 15% Others: at your income slab rate
How to use this calculator
Enter the purchase and sale price, choose the asset type, and enter the holding period in months. The calculator determines whether the gain is short or long-term and estimates the tax. Figures are indicative — verify against current provisions.