Capital Gains Tax Calculator (India)
Short- or long-term, the gain, and the tax a sale really adds to your year.
Tax Year 2026-27 Income-tax Act, 2025 — set by the sale date · resident individuals · Sources
The gain
Your tax for the year, without and with this sale
Rules used and official sources
- Income-tax Act, 2025 (No. 30 of 2025) — ss.2(101), 19, 21–22, 58, 72, 76, 90, 108–110, 122–134, 153, 156, 196–198, 202, 516
- Finance Act, 2026 — rates, surcharge and marginal relief for Tax Year 2026-27 (s.3) and AY 2026-27 (s.2)
- CII 2026-27 = 384 — S.O. 3889(E), under section 72(8)(a) of the Income-tax Act, 2025
- CII 2001-02 to 2025-26 — table in the CBDT ITR-2 utility for AY 2026-27
- CBDT ITR-2 validation rules for AY 2026-27 — Schedule 112A (31 Jan 2018 values) and the land/building indexation option
Cost Inflation Index, 2001-02 to 2026-27
| Financial year | CII |
|---|---|
| 2001-02 | 100 |
| 2002-03 | 105 |
| 2003-04 | 109 |
| 2004-05 | 113 |
| 2005-06 | 117 |
| 2006-07 | 122 |
| 2007-08 | 129 |
| 2008-09 | 137 |
| 2009-10 | 148 |
| 2010-11 | 167 |
| 2011-12 | 184 |
| 2012-13 | 200 |
| 2013-14 | 220 |
| 2014-15 | 240 |
| 2015-16 | 254 |
| 2016-17 | 264 |
| 2017-18 | 272 |
| 2018-19 | 280 |
| 2019-20 | 289 |
| 2020-21 | 301 |
| 2021-22 | 317 |
| 2022-23 | 331 |
| 2023-24 | 348 |
| 2024-25 | 363 |
| 2025-26 | 376 |
| 2026-27 | 384 |
Tax rules and rates change. This calculator follows the rules described on this page and may not cover every situation. Check the official source or a qualified tax professional before filing or invoicing.
About the Capital Gains Tax Calculator (India)
Selling shares, mutual fund units, a house, gold or bonds creates a capital gain — and the tax depends on what you sold, how long you held it and your other income. This calculator classifies the sale as short- or long-term, works out the gain (with the 31 January 2018 grandfathering for old equity holdings and the indexation option for land and buildings bought before 23 July 2024), and then shows the extra tax the sale adds to your year — including the ₹1.25 lakh exemption, any unused basic exemption limit, a rebate you might lose, surcharge and 4% cess.
The sale date picks the law: sales from 1 April 2026 fall in Tax Year 2026-27 under the Income-tax Act, 2025; sales from 1 April 2025 to 31 March 2026 in FY 2025-26 under the Income-tax Act, 1961. The rates are the same in both years.
How to use it
- Choose what you sold, and enter the dates you bought and sold it.
- Enter the sale value, the transfer expenses (brokerage, fees) and your purchase cost. For equity bought before 1 February 2018 add its value on 31 January 2018; for property, add any improvement work with its date.
- Choose your tax regime and age, and enter your other income for the year (after deductions) — the tax on a gain depends on it.
- Read the tax due to this sale, the type of gain and the rate. The tables show how the gain was worked out and your tax for the year without and with the sale.
- Copy the summary or download the CSV for your records or your tax filer.
Examples
₹600 brokerage · other income ₹8 lakh · new regime
Long-term gain ₹2,49,400 · tax ₹16,170 (12.5% on the ₹1,24,400 above ₹1.25 lakh, plus cess)
With ₹12 lakh of other income the same sale costs ₹78,570: the gain lifts total income above ₹12 lakh, so the ₹60,000 rebate on the other income is lost too.
No transfer expenses · other income ₹15 lakh · new regime
Cost taken as ₹12 lakh → gain ₹8,00,000 · tax due ₹87,750
₹1 lakh expenses · other income ₹12 lakh · new regime
Gain ₹64 lakh, or ₹22.46 lakh with indexation (CII 384 ÷ 167) · 20% with indexation (₹4,49,178) beats 12.5% (₹8,00,000) · tax due ₹5,82,500 with 10% surcharge and cess
Short-term or long-term?
An asset is short-term if you held it for not more than 12 months — for listed securities (shares, bonds, ETFs), units of equity-oriented funds, UTI units and zero-coupon bonds — or not more than 24 months for everything else, including property, gold, unlisted shares and most fund units (section 2(101) of the Income-tax Act, 2025; section 2(42A) of the 1961 Act). Held one day longer, it is long-term.
Some assets are always short-term, however long you hold them, and taxed at your slab rates: units of debt mutual funds bought on or after 1 April 2023, market-linked debentures, and unlisted bonds or debentures sold from 23 July 2024 (section 76; section 50AA). For shares and units in a demat account, the oldest units are treated as sold first (first-in, first-out).
Rates in FY 2025-26 and Tax Year 2026-27
- Listed shares, equity funds, REIT/InvIT units (STT paid), short-term: 20% (section 196; 111A).
- The same, long-term: 12.5% on the total of such gains above ₹1,25,000 in the year (section 198; 112A).
- Other long-term gains: 12.5% without indexation (section 197; 112).
- Land or buildings bought before 23 July 2024, long-term, resident individuals: the lower of 12.5% without indexation and 20% with indexation (section 197(3)); an indexed loss counts as nil.
- Other short-term gains: your slab rates.
If your other income is below the basic exemption limit (₹4 lakh in the new regime; ₹2.5 lakh, ₹3 lakh or ₹5 lakh in the old regime by age), the unused part is set off against these gains first. Surcharge on the tax on these gains never exceeds 15%. Sources: Income-tax Act, 2025, Finance Act, 2026.
Cost, grandfathering and indexation
Gain = sale value − transfer expenses − cost of acquisition − cost of improvement.
- Equity bought before 1 February 2018: the cost is the higher of your actual cost and the lower of the 31 January 2018 value (the highest price that day, or the NAV for fund units) and the sale value (section 90(7); 55(2)(ac)). Gains made up to 31 January 2018 are therefore not taxed. For shares or units bought before 1 April 2001, the 1 April 2001 value can stand in for the actual cost in that comparison.
- Assets bought before 1 April 2001: you can use their fair market value on 1 April 2001 instead of the cost; for land or buildings it cannot exceed the stamp duty value on that date. Improvement work before then is ignored.
- Indexation raises the cost by the Cost Inflation Index: indexed cost = cost × CII of the year of sale ÷ CII of the year you bought it (or 2001-02). The CII for 2026-27 is 384 (S.O. 3889(E)); for 2025-26 it is 376.
Why the tax on a gain depends on your other income
The calculator works out your tax for the year twice — without the sale and with it — and shows the difference. That captures everything the gain changes: the unused basic exemption limit it can use, the ₹1.25 lakh exemption shared with your other equity gains, a rebate you can lose when total income crosses ₹12 lakh (new regime) or ₹5 lakh (old regime), and a higher surcharge rate above ₹50 lakh or ₹1 crore. The new-regime rebate never covers tax on gains at special rates.
Limitations
- For resident individuals. Non-residents have different rules (no indexation; tax deducted at source on the sale).
- Exemptions for reinvesting the gain — in another house, in specified bonds or the like — are not applied; work out the exempt part separately and reduce the gain.
- One sale at a time: set off other capital losses and add other gains of the year yourself (other long-term equity gains have their own field).
- Bonus shares, splits, rights, mergers, ESOPs, buybacks, depreciable business assets, slump sales and crypto or other virtual digital assets are not covered.
- The 31 January 2018 value and the 1 April 2001 value are entered by you; the calculator does not look them up.
Privacy
Everything happens in your browser. What you enter or open here is not uploaded or stored by MySmartCoPilot.
Frequently asked questions
Is LTCG on shares and equity mutual funds tax-free up to ₹1.25 lakh?
Yes — the first ₹1,25,000 of such long-term gains in a year is not taxed, and the rest is taxed at 12.5% (section 198; 112A). The ₹1.25 lakh is for all your listed-equity and equity-fund gains of the year together, not per sale.
Can I still use indexation when I sell a house?
Only if you are a resident individual (or HUF) and bought the land or building before 23 July 2024. You then pay the lower of 12.5% without indexation and 20% with indexation. For property bought on or after 23 July 2024, it is 12.5% without indexation.
Are debt mutual funds taxed as short-term capital gains?
Units bought on or after 1 April 2023 are: their gains are always taxed at your slab rates, however long you hold them. Units bought before then become long-term after 24 months and are then taxed at 12.5% without indexation.
My total income is under ₹12 lakh. Why do I still pay tax on my capital gain?
Because the new-regime rebate of up to ₹60,000 only cancels tax at the slab rates. Tax on gains at special rates — 20% on short-term equity gains, 12.5% on long-term gains — is still payable. Also note that the gain itself counts towards the ₹12 lakh.
What if I made a loss?
A short-term capital loss can be set off against any capital gain; a long-term loss only against long-term gains. Neither can reduce salary or other income. What cannot be set off this year can be carried forward for eight years, but only if you file your return by the due date (sections 108, 111 and 121).
Which date decides the year?
The date of transfer — the sale date. Sales from 1 April 2026 to 31 March 2027 are in Tax Year 2026-27 under the Income-tax Act, 2025; sales from 1 April 2025 to 31 March 2026 are in FY 2025-26 under the Income-tax Act, 1961.