What is the holding period for long-term equity in India?
Listed shares and equity mutual funds held for more than 12 months qualify as long-term capital assets.
Short-term and long-term capital gains tax on an investment sale.
Calculates Short-Term Capital Gains (STCG) and Long-Term Capital Gains (LTCG) tax on equity shares, mutual funds, real estate, and gold sales.
LTCG = Sale Price - (Cost of Acquisition + Indexed Improvement) | Tax = LTCG × Statutory Rate
Post-Budget statutory rates: Listed equity LTCG is 12.5% (above ₹1.25 Lakh exemption); STCG is 20%. Real estate LTCG is 12.5% without indexation.
Inputs: Capital Gain = ₹5,00,000 | Asset = Listed Equity Mutual Fund | Holding Period = 2 Years (Long Term)
Summary: Total Gain = ₹5,00,000 | Tax-Free Exemption = ₹1,25,000 | Total Tax = ₹48,750
Listed shares and equity mutual funds held for more than 12 months qualify as long-term capital assets.
Yes, both short-term and long-term capital losses can be carried forward for up to 8 consecutive assessment years if ITR is filed on time.
Allows individuals to exempt up to ₹50 Lakhs of long-term capital gains from real estate by investing in specified infrastructure bonds (NHAI/REC) within 6 months.