LTCG Capital Gains Calculator India – 2024 Rate Changes

Frequently asked questions

What are the post-Budget 2024 LTCG rates?+

Listed equity and equity MFs: 12.5% LTCG beyond ₹1.25L/year, 20% STCG. Debt MFs bought on/after April 2023: always slab rate. Gold, gold ETFs, non-equity MFs, real estate, unlisted equity: 12.5% LTCG (no indexation) if held >24 months, slab rate STCG.

Did indexation go away completely?+

Yes for most asset classes. Post-July 2024, LTCG is computed without indexation and taxed at 12.5%. The only legacy exception: property purchased before 23-Jul-2024 still has the option to use indexation with the old 20% rate – the taxpayer can pick whichever gives lower tax.

How is the ₹1.25L equity LTCG exemption applied?+

It's per financial year, per individual. If your total long-term equity gains for the year are ₹3L, the first ₹1.25L is exempt and ₹1.75L is taxed at 12.5% = ₹21,875 tax. HUFs get a separate ₹1.25L, so routing through an HUF can double the exemption.

Do I pay STCG on mutual fund SIPs I redeem?+

Each SIP tranche is a separate purchase with its own 12-month clock. If you redeem after 2 years of SIPs, the oldest units are LTCG and the most recent 12 months of units are STCG. The fund house gives you the FIFO split automatically.

Is LTCG tax avoidable on equity?+

Fully avoidable up to ₹1.25L/year via the annual exemption. Some use 'tax harvesting' – selling ₹1.25L worth of long-term gains every year and buying back immediately. No tax, and you step up the cost basis. Legal under Section 112A.