Investment Tax Calculator - LTCG & STCG Tax on Stocks, MFs, Gold
Calculate your exact capital gains tax liability before selling. Covers equity mutual funds, stocks, debt MFs, and gold with the latest 2024 Union Budget tax rules.
Tax Liability
₹0 (No Tax)
LTCG @ 12.5%
Capital Gain
₹1.00 L
Taxable Gain
₹0
Net Profit (After Tax)
₹1.00 L
Effective Tax Rate
0.0%
How Capital Gains Tax Works in India (2024 Rules)
Tax rules differ based on asset type and holding period:
| Asset | STCG Period | STCG Rate | LTCG Rate | Exemption |
|---|---|---|---|---|
| Equity MF / Stocks | <12 months | 20% | 12.5% | ₹1.25L/year |
| Debt Mutual Funds | Any period | Slab Rate (no LTCG benefit) | None | |
| Gold / Gold ETF | <24 months | Slab Rate | 12.5% | ₹1.25L/year |
Tax Calculation Formula
Capital Gain = Sale Amount - Purchase Amount
Taxable Gain (LTCG) = Capital Gain - ₹1,25,000 (exemption)
Tax Amount = Taxable Gain × Tax Rate
Net Profit = Capital Gain - Tax Amount
Effective Tax Rate = Tax Amount / Capital Gain × 100
Frequently Asked Questions - Investment Tax
What is LTCG tax on equity mutual funds?
Long-Term Capital Gains on equity mutual funds (held over 12 months) are taxed at 12.5% on gains exceeding ₹1.25 lakh per financial year. For example, if you sell equity MF with ₹2L profit after 14 months, taxable gain = ₹2L - ₹1.25L = ₹75,000. Tax = ₹75,000 × 12.5% = ₹9,375.
What is STCG tax rate?
STCG on equity (stocks/equity MFs sold within 12 months) is taxed at a flat 20% on the entire gain amount. There is no exemption for STCG. This was increased from 15% in the Union Budget 2024.
How are debt mutual funds taxed?
Since April 2023, debt mutual fund gains are always taxed at your income tax slab rate regardless of holding period. There is no LTCG benefit for debt funds anymore. If you're in the 30% bracket, you pay 30% tax on any gains from debt MFs.
Does this calculator use the latest 2024 tax rules?
Yes. This calculator reflects all changes from the Union Budget 2024: equity STCG at 20% (up from 15%), equity LTCG at 12.5% (up from 10%), LTCG exemption increased to ₹1.25 lakh (from ₹1 lakh), and debt funds at slab rate.
Can I calculate tax before selling?
Yes, that's the primary purpose of this tool. Enter your expected sale amount and holding period to estimate tax liability. This helps decide whether to wait for LTCG treatment (lower rate + exemption) or sell now.
How can I reduce capital gains tax legally?
Strategies: (1) Hold equity for 12+ months for LTCG treatment, (2) Harvest ₹1.25L LTCG exemption annually by selling and rebuying, (3) Set off losses against gains, (4) Time your sales across financial years to use exemption limit each year.
Income tax calculator — FY 2025-26 (AY 2026-27)
India offers two regimes: Old (with deductions under 80C, 80D, HRA, etc.) and New (lower slab rates, fewer deductions). Salaried employees must choose each year — our calculator lets you compare both side by side. Standard deduction for salaried: ₹75,000 in new regime (FY 2025-26 budget updates — verify latest Finance Act).
Key slabs (new regime, illustrative): income up to ₹4 lakh nil, 5% on ₹4–8 lakh, 10% on ₹8–12 lakh, 15% on ₹12–16 lakh, 20% on ₹16–20 lakh, 30% above ₹24 lakh (rebate under 87A may zero out tax up to ₹12 lakh income). Old regime retains 5% up to ₹5 lakh, 20% up to ₹10 lakh, 30% above with full deduction eligibility.
Common deductions (old regime)
80C: ₹1.5L (PPF, ELSS, life insurance, home loan principal). 80D: health insurance premiums. HRA: rent paid in metro/non-metro. 80CCD(1B): additional NPS ₹50,000. Home loan interest: up to ₹2 lakh under 24(b). Use our tax-saving planner to optimize ELSS and PPF allocation before March 31.
Capital gains tax summary
Equity LTCG: 12.5% above ₹1.25L/year. Equity STCG: 20%. Debt MF gains: slab rate. Property LTCG: 12.5% without indexation (post-budget rules). Plan harvest of gains in low-income years to use exemptions efficiently.