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Tax year 2026-27 · was AY 2027-28

Capital Gains Tax Calculator

Equity, property, gold, debt funds and crypto under the rules as they stand after the July 2024 overhaul.

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Capital gains tax
₹21,875

Before surcharge and cess

Gain
₹3,00,000
Exemption applied
₹1,25,000
Taxable gain
₹1,75,000
Rate
12.5%
Term
Long term

Long term at 12 months

What this means

  • Held for 12 months or more, so this is a long-term gain under section 112A.
  • The first ₹1,25,000 of long-term equity gains in a financial year is exempt. This exemption is shared across ALL your equity holdings for the year, not per transaction.
  • The balance is taxed at 12.5%, with no indexation.
  • The section 87A rebate cannot be set against this tax. Even when total income is under ₹12 lakh, tax on long-term equity gains stays payable.
  • The 4% health and education cess applies on top of this figure. Surcharge applies only above ₹50 lakh of total income — and on capital gains it is capped at 15%, whatever band the rest of your income falls in.
  • The section 87A rebate does not reduce tax charged at these special rates, even when your total income is under ₹12 lakh.

Questions people actually ask

Is the ₹1.25 lakh exemption per transaction?
No — it is per financial year, shared across all your long-term equity gains. Selling five holdings does not give you five exemptions.
Can I set off a crypto loss against a crypto gain?
No. Losses on Virtual Digital Assets cannot be set off against gains on other VDAs, against any other income, or carried forward. Gain ₹1 lakh on one coin and lose ₹1 lakh on another, and you still pay 30% on the gain.
My income is under ₹12 lakh — are my gains tax free too?
No. The section 87A rebate that makes tax nil up to ₹12 lakh applies to slab-rate income only. Tax on long-term equity gains under section 112A stays payable even when your total income is under the threshold. This surprises almost everyone.
Does surcharge apply to capital gains?
Only at high incomes, and with a cap: surcharge on tax from capital gains and dividends never exceeds 15%, even where the rest of the income falls in the 25% or 37% surcharge bands.
I bought debt fund units before April 2023 — slab rate too?
No. The slab-rate rule only catches units bought on or after 1 April 2023. Older units held for 24 months or more are long-term gains taxed at 12.5% without indexation. The calculator has a toggle for this.

Where these numbers come from

Every rate this tool uses, its source, and the date a human last checked it against that source.

See every figure on the site and its source →

Understand what the number means

A figure on its own decides nothing. These explain what is being calculated and what changes it.

All 24 calculators → · Glossary →