India capital gains calculator — listed equity
Sold shares or an equity fund? Whether you held for more than 12 months decides the rate — and the 23 July 2024 budget changed both of them. This applies the right one for your sale date.
Single-parcel estimate assuming no other sales this financial year. The §112A exemption and loss set-off are annual — with more disposals the real figure lives in the year's totals, which is what enMoney computes from your full ledger.
enMoney computes this automatically from the transactions you import — Indian, Australian and US holdings in one ledger, with each regime's own tax rules.
See what enMoney tracksListed equity and equity-oriented mutual funds held more than 12 months are long-term. Under §112A, long-term gains above the annual exemption — ₹1,25,000 from FY 2024-25 — are taxed at 12.5%; short-term gains at 20%. A 4% health & education cess applies on the tax itself.
Those are the rates from 23 July 2024. Sales before that date sit under the old regime — LTCG 10% over a ₹1 lakh exemption, STCG 15% — even if they fall in the same financial year as post-budget sales. The calculator picks the regime off your sale date, the way the ITR schedules do.
The exemption is one limit per financial year across all your equity sales, not per holding, and losses change the picture too: short-term losses offset both STCG and LTCG; long-term losses offset LTCG only. A single-parcel calculator shows one trade; your actual liability is set by the year's combined totals.
Frequently asked questions
What is the LTCG rate on shares in India in 2025-26?
12.5% on the portion of long-term listed-equity gains above ₹1,25,000 in the financial year, plus 4% cess on the tax. Long-term means held more than 12 months.
What changed on 23 July 2024?
The Finance (No. 2) Act 2024 raised LTCG on listed equity from 10% to 12.5% and STCG from 15% to 20%, while raising the annual LTCG exemption from ₹1,00,000 to ₹1,25,000. Sales before 23 July 2024 keep the old rates; sales on or after use the new ones.
Does the ₹1.25 lakh exemption apply per share or per year?
Per financial year, across all your long-term equity gains combined. The first ₹1,25,000 of LTCG (from FY 2024-25) is exempt; only the excess is taxed at 12.5%.
Do mutual funds get the same treatment?
Equity-oriented funds (65%+ in Indian equities) follow the same 12-month / 12.5% / 20% rules. Debt funds bought after April 2023 are taxed at slab rates regardless of holding period — this calculator is for equity only.
Can I offset a loss against my gains?
Yes. Short-term capital losses offset short- or long-term gains; long-term losses offset long-term gains only. Unused losses carry forward for eight assessment years if your return is filed on time.