📈 Capital Gains Calculator
Calculate STCG and LTCG tax on equity shares and equity mutual funds based on your holding period and buy/sell values.
Frequently Asked Questions
How is short-term vs long-term decided for equity?
For listed equity shares and equity-oriented mutual funds, if the holding period is 12 months or less, the gain is classified as Short-Term Capital Gain (STCG). If held for more than 12 months, it is a Long-Term Capital Gain (LTCG). This calculator works out the holding period automatically from your purchase and sale dates.
What is the STCG tax rate on equity?
As per Budget 2024, STCG on listed equity shares and equity-oriented mutual funds (where Securities Transaction Tax is paid) is taxed at a flat 20% for transfers made on or after 23 July 2024. There is no exemption threshold for STCG.
What is the LTCG tax rate and exemption limit?
LTCG on listed equity shares and equity-oriented mutual funds is taxed at 12.5% on gains exceeding ₹1.25 lakh in a financial year, under Section 112A. The first ₹1.25 lakh of long-term equity gains in a year is exempt from tax. If you've already used part of this exemption on other equity sales, enter that amount in "Other LTCG already realised this FY" to get an accurate result.
Does this calculator apply to debt funds, property or gold?
No. This calculator is specifically for listed equity shares and equity-oriented mutual funds (STT paid). Debt mutual funds are taxed at slab rates regardless of holding period (post-2023 rules), while property, gold and unlisted shares have different holding-period thresholds (24 months) and may be eligible for indexation benefits. Those need separate calculations.
What if I have a capital loss instead of a gain?
If your sale value is lower than your purchase value, you have a capital loss, not a gain, and no capital gains tax applies. Short-term capital losses can be set off against both STCG and LTCG, while long-term capital losses can only be set off against LTCG. Unused losses can be carried forward for up to 8 assessment years. This calculator will show ₹0 tax when there is a loss.
Is cess included in this calculation?
No. The 20% STCG and 12.5% LTCG rates shown are the base income-tax rates under Section 111A and 112A. Health and Education Cess (4%) and any applicable surcharge based on your total income will apply on top of this when filing your return. This tool is for quick estimation — for your exact tax liability, use this alongside our Salary Calculator or consult a tax advisor.
What is the grandfathering rule and FMV as on 31 Jan 2018?
For equity shares/units acquired on or before 31 January 2018, the cost of acquisition for LTCG purposes is generally taken as the higher of the actual purchase price and the lower of (a) the Fair Market Value (highest traded price) on 31 Jan 2018 and (b) the actual sale value. This "grandfathering" rule under Section 112A can significantly reduce taxable gains for old holdings. This calculator uses only your actual purchase price and does not apply this rule — if you bought before 31 Jan 2018, your real tax liability may be lower than shown here.
Which ITR form do I need to report these gains?
Individuals with capital gains from equity shares or mutual funds generally need to file ITR-2 (or ITR-3 if you also have business/professional income). ITR-1 (Sahaj) cannot be used if you have any capital gains to report, even if the gain is small or there's a loss. Gains must be reported under Schedule CG with separate disclosure of STCG (Section 111A) and LTCG (Section 112A).
Can I set off equity losses against gains from property or gold?
Long-term capital losses (LTCL) can only be set off against long-term capital gains (LTCG) — but this isn't restricted to the same asset class, so an LTCL from equity can offset LTCG from selling property or gold, and vice versa. Short-term capital losses (STCL), however, can be set off against both STCG and LTCG from any asset class. Any unabsorbed loss can be carried forward for up to 8 assessment years, provided the return is filed on time.
Does this cover intraday trading or F&O (futures & options)?
No. Intraday equity trading is treated as speculative business income, and F&O trading is treated as non-speculative business income — both are taxed at your slab rate under "Profits and Gains from Business or Profession", not as capital gains under Section 111A/112A. This calculator is only for delivery-based equity shares and equity mutual fund units held as investments.