Capital Gains Tax Filing — Calculate, Save & File Right
CA-assisted ITR-2 filing for gains from equity, mutual funds, property, bonds & crypto. New rates post-Budget 2024: LTCG equity 12.5%, STCG 20%. Free capital gains calculator included.
File Capital Gains ITR-2
Expert CA · All asset classes · Budget 2024 rates
- Equity, MF, property, crypto, bonds
- LTCG & STCG computation by CA
- Section 54/54EC/54F exemptions claimed
- Indexation benefit wherever applicable
- ITR-2 e-filed + ITR-V in 1–2 days
The Foundation
What is Capital Gains Tax in India?
Any profit earned from the sale of a capital asset is called capital gain. This profit is taxed in the year of transfer under the head "Capital Gains" — separately from salary or business income.
Capital assets include equities, mutual funds, house property, land, bonds, gold, jewellery, trademarks, and crypto assets. The tax rate depends on the type of asset and how long you held it before selling.
Budget 2024 significantly revised capital gains tax rates effective 23rd July 2024. LTCG on equity was raised from 10% to 12.5%, STCG from 15% to 20%, and the LTCG exemption limit was raised from ₹1 lakh to ₹1.25 lakh.
Asset Classes
Capital Gains Tax by Asset Type — FY 2025-26
Rates updated for Budget 2024 (effective 23 July 2024).
STCG on equity: 15% → 20% | LTCG on equity: 10% → 12.5% | LTCG exemption: ₹1L → ₹1.25L | Property LTCG: 20% with indexation → 12.5% without indexation (or 20% with indexation for pre-23-Jul-2024 purchases, whichever is lower). Ask a TAXAJ CA →
Quick Reference
Capital Gains Tax Rate Chart — FY 2025-26
Select a category to see applicable holding periods, rates, and key notes.
| Asset | Holding Period | Type | Tax Rate (FY 2025-26) | Indexation | Key Note |
|---|---|---|---|---|---|
| Listed Equity Shares (STT paid) | ≤ 12 months | STCG | 20% | No | Raised from 15% in Budget 2024 |
| Listed Equity Shares (STT paid) | > 12 months | LTCG | 12.5% (over ₹1.25L) | No | ₹1.25L/yr exempt; raised from 10% |
| Equity Mutual Funds (>65% equity) | ≤ 12 months | STCG | 20% | No | Same as direct equity |
| Equity Mutual Funds (>65% equity) | > 12 months | LTCG | 12.5% (over ₹1.25L) | No | ₹1.25L/yr exempt |
| Listed Shares (STT NOT paid) | ≤ 12 months | STCG | Slab Rate | No | Added to income |
| Listed Shares (STT NOT paid) | > 12 months | LTCG | 12.5% | No | No exemption of ₹1.25L |
| ESOP / RSU (listed employer) | From exercise date | Both | Same as listed equity | No | Perquisite taxed at vesting; gains from exercise |
| Asset | Holding Period | Type | Tax Rate | Indexation | Key Note |
|---|---|---|---|---|---|
| House / Flat / Land (sold post 23 Jul 2024) | ≤ 24 months | STCG | Slab Rate | No | Added to income; TDS 1% by buyer if >₹50L |
| House / Flat / Land (sold post 23 Jul 2024) | > 24 months | LTCG | 12.5% | No | Sec 54/54EC/54F exemptions available |
| Property purchased BEFORE 23 Jul 2024 | > 24 months | LTCG | Lower of: 12.5% or 20% with indexation | Optional | Taxpayer can choose whichever gives lower tax |
| Under-construction property | From allotment date | Both | Same as above | Depends | Allotment date = start of holding period |
| Agricultural Land (urban) | ≤ 24 months | STCG | Slab Rate | No | Rural agri land NOT a capital asset at all |
| Agricultural Land (urban) | > 24 months | LTCG | 12.5% | No | Sec 54B exemption available |
| Asset | Holding Period | Type | Tax Rate | Indexation | Key Note |
|---|---|---|---|---|---|
| Debt Mutual Funds (from April 2023) | Any | Both | Slab Rate | No | Indexation & LTCG benefit removed from FY 2023-24 |
| Listed Bonds / Debentures | ≤ 12 months | STCG | Slab Rate | No | Added to income |
| Listed Bonds / Debentures | > 12 months | LTCG | 12.5% | No | No indexation |
| Unlisted Bonds / Debentures | ≤ 36 months | STCG | Slab Rate | No | Added to income |
| Unlisted Bonds / Debentures | > 36 months | LTCG | 12.5% | No | Post Budget 2024 |
| Sovereign Gold Bond (RBI) | 8 years (maturity) | Exempt | NIL at maturity | — | Interest taxed as income; capital gain on maturity exempt |
| 54EC Bonds (NHAI/REC) | 5 years lock-in | Exempt | NIL (if invested ≤ ₹50L) | — | Exemption on LTCG from property |
| Asset | Holding Period | Type | Tax Rate | Indexation | Key Note |
|---|---|---|---|---|---|
| Crypto / VDA (Bitcoin, ETH, etc.) | Any | Both | 30% + 4% Cess | No | No set-off of losses; 1% TDS on transactions >₹10,000 |
| Gold & Jewellery (physical) | ≤ 24 months | STCG | Slab Rate | No | Added to income |
| Gold & Jewellery (physical) | > 24 months | LTCG | 12.5% | No | Post Budget 2024 |
| Unlisted Shares / Startup Equity | ≤ 24 months | STCG | Slab Rate | No | Added to income |
| Unlisted Shares / Startup Equity | > 24 months | LTCG | 12.5% | No | No ₹1.25L exemption |
| Lottery & Game Show Winnings | N/A | Other | 30% flat | No | Section 115BB — no deductions allowed |
| Foreign Equity / International MF | ≤ 24 months | STCG | Slab Rate | No | Foreign income requires special filing |
| Foreign Equity / International MF | > 24 months | LTCG | 12.5% | No | DTAA may reduce tax |
Free Interactive Tool
Capital Gains Tax Calculator — FY 2025-26
Enter your sale details to instantly compute STCG or LTCG tax, applicable exemptions, and net tax payable.
Calculate Your Capital Gains Tax
Budget 2024 rates · All asset classes · Instant
Indicative estimates. Consult a TAXAJ CA for accurate computation.
📊 Your Capital Gains Summary
Indexation Benefit
What is Indexation & When Does It Apply?
Indexation adjusts your purchase cost for inflation using the Cost Inflation Index (CII) published by the Income Tax Department. A higher indexed cost means lower capital gains and lower tax.
Post Budget 2024, indexation is no longer available for equity, MF, or property sold after 23 July 2024. However, it still applies to gold, jewellery, unlisted shares, and property purchased before 23 July 2024 (as an option).
× (CII of Sale Year / CII of Purchase Year)
📐 Indexed Cost Calculator
Save Tax Legally
Capital Gains Exemptions — Reduce Tax to Zero
The Income Tax Act provides multiple exemptions that can legally eliminate your entire capital gains tax liability. TAXAJ CAs ensure all applicable exemptions are claimed.
Reinvest in Another House Property
Sell a residential house property and reinvest the capital gains in another residential house — 1 year before or 2 years after the sale, or construct within 3 years. New property must not be sold within 3 years. Applicable for LTCG only.
- Only for LTCG on sale of residential house property
- Purchase 1 yr before / 2 yrs after sale, or construct within 3 years
- ₹2 crore limit for claiming on 2 properties (once in lifetime)
- New property must not be sold within 3 years
Sale of Any Asset — Buy a Home
Sell any long-term capital asset (gold, equity, bonds — but NOT a house) and reinvest the entire sale consideration in a residential property. Invest within 1 year before or 2 years after sale, or construct within 3 years.
- For LTCG on sale of any asset EXCEPT house property
- Must invest ENTIRE sale consideration (not just gains)
- You must not own more than 1 residential house on sale date
- Partial investment = proportionate exemption
Invest in NHAI / REC Bonds
Invest LTCG from property sale (up to ₹50 lakh) in bonds issued by NHAI or REC within 6 months of the sale date. Lock-in: 5 years. Don't want to buy another property? This is your best option.
- Only on LTCG from immovable property
- Maximum investment: ₹50 lakh per financial year
- Investment must be within 6 months of sale date
- Lock-in: 5 years (premature withdrawal = gain becomes taxable)
- CGAS can be used if 6-month deadline passes before ITR due date
Agricultural Land Exemption
Sell agricultural land (urban) and reinvest the gains in another agricultural land within 2 years. Available to individuals and HUFs who used the land for agriculture for at least 2 years before the sale.
- Urban agricultural land only (rural land is not a capital asset)
- Must have been used for agriculture for 2 years before sale
- Reinvest in new agricultural land within 2 years
- Can use Capital Gains Account Scheme if reinvestment pending
If you sold a property or asset and the capital gains have not been reinvested by the ITR filing date (31st July), you can deposit the capital gains amount in a Capital Gains Account at any PSU bank. The deposit is treated as an eligible investment for exemption claims under Sections 54, 54B, 54EC, and 54F. If the money is not used for reinvestment within the prescribed period, it becomes taxable as short-term capital gains.
Quick Reference
STCG vs LTCG — Holding Period by Asset
| Asset Class | Short Term (STCG) | Long Term (LTCG) | STCG Rate | LTCG Rate | Indexation |
|---|---|---|---|---|---|
| Listed Equity Shares | ≤ 12 months | > 12 months | 20% | 12.5% (over ₹1.25L) | No |
| Equity Mutual Funds | ≤ 12 months | > 12 months | 20% | 12.5% (over ₹1.25L) | No |
| Immovable Property | ≤ 24 months | > 24 months | Slab Rate | 12.5%* | Optional for pre-Jul 2024 purchases |
| Debt Mutual Funds (from Apr 2023) | Any period | — | Slab Rate | Slab Rate | No |
| Gold / Jewellery / Silver | ≤ 24 months | > 24 months | Slab Rate | 12.5% | No (post Jul 2024) |
| Unlisted Shares | ≤ 24 months | > 24 months | Slab Rate | 12.5% | No |
| Listed Bonds / Debentures | ≤ 12 months | > 12 months | Slab Rate | 12.5% | No |
| Crypto / VDA | No classification — always taxed | 30% always | No | ||
*For property sold after 23 July 2024. Pre-23-Jul-2024 purchases can choose 12.5% or 20% with indexation, whichever is lower.
Who Should File
Who Needs to File Capital Gains ITR-2?
Even if you made a capital loss, you must file ITR-2 to carry it forward for up to 8 assessment years. Short-term capital losses can be set off against any capital gains. Long-term capital losses can only be set off against long-term capital gains. Ask a CA about loss set-off →
Our Process
How TAXAJ Files Your Capital Gains ITR
CA-reviewed, fully transparent. You approve the computation before filing — no surprises.
Share your gain statements
Provide broker P&L statement, MF redemption statement, sale deed for property, or crypto transaction history. Also share Form 26AS / AIS and Form 16 if salaried.
CA computes gains & exemptions
Your CA identifies STCG/LTCG, applies correct holding periods, calculates indexed cost where applicable, and identifies all available exemptions (Sec 54/54EC/54F).
Computation shared for approval
We send you a detailed computation sheet showing all income, gains, deductions, exemptions, and final tax payable before filing. You review and approve.
ITR-2 e-filed & verified
Your CA files ITR-2 on the Income Tax portal. Return is verified via Aadhaar OTP or net banking. ITR-V acknowledgement emailed to you.
Refund tracked
If any excess TDS was deducted (TDS on property, MF, etc.), TAXAJ tracks your refund status and follows up if processing takes more than 60 days.
Documents Required
What to Keep Ready
- 📄 PAN card & Aadhaar
- 📄 Form 26AS / AIS (from IT portal)
- 📄 Bank account number & IFSC
- 📄 Form 16 (if salaried)
- 📄 Broker's annual P&L / capital gains statement
- 📄 MF redemption statement (CAMS / KFintech)
- 📄 ESOP exercise letters (for RSU/ESOP gains)
- 📄 Sale deed & purchase deed (date & value)
- 📄 Property improvement cost records
- 📄 Form 26QB / 26QE (TDS deducted by buyer)
- 📄 54EC bond certificate (if invested in NHAI/REC)
- 📄 Gold purchase invoices or jeweller valuation
- 📄 Crypto transaction history (exchange CSV export)
FAQ
Frequently Asked Questions on Capital Gains Tax
File Capital Gains ITR-2 — Correctly, On Time
TAXAJ CAs handle LTCG, STCG, exemptions, indexed cost, and loss set-off — so you pay the minimum tax, legally.