Capital Gains Tax Calculator FY 2025-2026
Capital Gains Details
For property reinvestment, exemption capped at ₹10Cr
⚠ Key Updates: Uniform LTCG rate of 12.5% (no indexation) for most assets. ₹1.25L annual exemption for equity gains.
Tax Calculation Results
Enter your capital gains details and click "Calculate" to see results.
Capital Gains Information
Tax Rates & Periods
Exemptions
Guidelines
FAQ
Capital Gains Tax Rates & Holding Periods (FY 2025-26)
₹1.25L Annual Exemption for Equity Gains
Revised Tax Rates (Effective from July 23, 2024)
| Asset Class | Holding Period (LT) | LTCG Rate | STCG Rate | Indexation | Exemption Notes |
|---|---|---|---|---|---|
| Listed Equity Shares/Equity MF/Business Trusts (Sec 112A) | > 12 months | 12.5% (gains > ₹1.25L) | 20% | No | ₹1.25L annual exemption |
| Land/Building (post Jul 23, 2024) | > 24 months | 12.5% | Slab rates | No | - |
| Land/Building (pre Jul 23, 2024, residents/HUFs) | > 24 months | Choice: 12.5% (no idx) or 20% (with idx) | Slab rates | Optional | Grandfathering available |
| Unlisted Shares/ETFs | > 24 months | 12.5% | Slab rates | No | - |
| Debt MF/Bonds (post Jul 23, 2024) | > 24 months | 12.5% | Slab rates | No | - |
| Gold/Other Assets | > 24 months | 12.5% | Slab rates | No | - |
Note: For equity gains, first ₹1.25 lakh of LTCG is exempt from tax annually.
Capital Gains Exemptions
You can save tax on capital gains by reinvesting in specified assets:
Section 54 - Reinvestment in Residential Property
- Applicable: Long-term capital gains from sale of residential property
- Conditions: Purchase new residential property within 1 year before or 2 years after sale, or construct within 3 years
- Exemption Limit: Entire capital gains or cost of new property, whichever is lower
- Maximum: ₹10 Crore exemption cap
Section 54EC - Reinvestment in Specified Bonds
- Applicable: Long-term capital gains from sale of any property
- Conditions: Invest in specified bonds (NHAI, REC, etc.) within 6 months of sale
- Exemption Limit: Maximum ₹50 lakh per financial year
- Lock-in: 5 years for bonds
Section 54F - Reinvestment for Multiple Assets
- Applicable: Long-term capital gains from sale of any asset other than residential property
- Conditions: Purchase/construct residential property within timeframe
- Exemption: Proportionate exemption based on investment
- Note: Can invest in one residential house only
Important: If the new asset is sold within 3 years (Section 54/54F) or 5 years (Section 54EC), the exemption claimed earlier will be revoked.
Major Guidelines & Updates
Key Updates for FY 2025-26
- Uniform LTCG Rate: 12.5% for most assets without indexation
- Equity Exemption: ₹1.25 lakh annual exemption continues
- No Rebate: Capital gains ineligible for Section 87A rebate even if total income < ₹12L
- Simplified Reporting: ITR-1/4 now allows LTCG up to ₹1.25L
Loss Set-off Rules
| Loss Type | Can be Set-off Against | Carry Forward Period |
|---|---|---|
| Long Term Capital Loss (LTCL) | Only Long Term Capital Gains (LTCG) | 8 years |
| Short Term Capital Loss (STCL) | Both STCG and LTCG | 8 years |
Surcharge & Cess
- Health & Education Cess: 4% on total tax
- Surcharge:
- 10% for income > ₹50 lakh
- 15% for income > ₹1 crore
- 25% for income > ₹2 crore
- 37% for income > ₹5 crore
Filing Requirements
- ITR-1/4: For simple capital gains up to ₹1.25L
- ITR-2/3: For complex capital gains situations
- Schedule CG: Must disclose all capital gains transactions
- AIS: Use Annual Information Statement for tracking
Frequently Asked Questions
What is the main change in capital gains tax for FY 2025-26?
The uniform LTCG rate of 12.5% without indexation for most assets continues from Budget 2024. The ₹1.25 lakh exemption for equity gains remains unchanged.
Can I claim Section 87A rebate on capital gains?
No. Capital gains (both LTCG and STCG) are ineligible for Section 87A rebate even if your total income is below ₹12 lakhs.
What is the difference between Sections 54, 54EC, and 54F?
- Section 54: For reinvestment of property sale proceeds into another property
- Section 54EC: For reinvestment into specified bonds (₹50L limit)
- Section 54F: For reinvestment of gains from other assets into property
How is the holding period calculated?
Holding period is calculated from the date of purchase to the date of sale. For equity, >12 months is long-term. For other assets, >24 months is long-term.
What happens if I sell property purchased before July 23, 2024?
You have a choice: Pay 12.5% without indexation OR 20% with indexation benefit (whichever is lower).
Can I carry forward capital losses?
Yes, both short-term and long-term capital losses can be carried forward for 8 assessment years immediately following the year of loss.
What is the last date for filing ITR with capital gains?
For most individuals: July 31, 2026 (for AY 2026-27).
Are there any changes in Budget 2025 for capital gains?
No major changes expected. The current structure (from Budget 2024) continues for FY 2025-26.
