--- title: "Capital Gains Tax Calculator: LTCG, STCG | RupeeCase" description: "Capital gains tax calculator for listed shares and equity funds: LTCG at 12.5% above Rs 1.25 lakh and STCG at 20% from 23 Jul 2024, with cess." source_url: "https://www.rupeecase.com/learn/tools/capital-gains-tax-calculator" --- Tax before cess**₹0** Gain**₹30,000** Type**LTCG at 12.5%**held more than 12 months Taxable after the exemption**₹0**exemption left ₹1,25,000 Tax with 4% cess**₹0** Profit after tax and cess**₹30,000** Listed equity and equity funds, sold on or after 23 Jul 2024. Surcharge is not included. Share this resultReset 01How it works ## In plain words. Listed shares and equity oriented funds held for more than 12 months give long term capital gains (LTCG). The first Rs 1.25 lakh of LTCG in a financial year is exempt, and the rest is taxed at 12.5%. Held for 12 months or less, the gain is short term (STCG) and taxed at 20%. Health and education cess of 4% is added to the tax. The formula `Gain = (sell price - buy price) x quantity``LTCG tax = 12.5% x max(0, gain - (Rs 1,25,000 - LTCG already used))``STCG tax = 20% x gain``Tax with cess = tax x 1.04` 02Worked example ## The default numbers, by hand. 100 shares bought at Rs 500, sold at Rs 800 after 18 months: a Rs 30,000 gain, all within the Rs 1.25 lakh exemption, so no tax. Held 10 months instead: STCG tax of Rs 6,000, or Rs 6,240 with cess. | Input | Value | | --- | --- | | Buy price per share | ₹500 | | Sell price per share | ₹800 | | Quantity | 100 | | Months held | 18 months | | LTCG already realised this year | ₹0 | | Result | Value | | --- | --- | | Tax before cess | ₹0 | | Gain | ₹30,000 | | Type | LTCG at 12.5% | | Taxable after the exemption | ₹0 | | Tax with 4% cess | ₹0 | | Profit after tax and cess | ₹30,000 | 03Key concepts ## What to know before you use it. ### The rules since 23 Jul 2024 The Finance (No. 2) Act 2024 raised LTCG on listed equity from 10% to 12.5% and the exemption from Rs 1 lakh to Rs 1.25 lakh, and raised STCG from 15% to 20%, for transfers on or after 23 Jul 2024. The Income-tax Act 2025, in force from 1 Apr 2026, carries the same rates. ### The conditions The concessional rates apply when STT was paid, which happens automatically on trades on a recognised exchange. Gains on shares bought before 1 Feb 2018 can use the grandfathered cost. ### Good to know * The exemption is per financial year and does not carry forward if unused. * Losses can be set off against gains; the tax loss harvesting calculator shows how. * Surcharge on these gains is capped at 15% for high incomes; it is not included here. 04Assumptions ## What the calculator assumes. * Resident individual; listed equity or equity oriented fund with STT paid; sold on or after 23 Jul 2024. * No surcharge; cess at 4%. Rates checked on 12 Oct 2026. * Education only; a tax adviser or CA can confirm your liability. Sources, checked 12 Oct 2026 1. [Union Budget 2024-25, Finance (No. 2) Act 2024, Part B of the Budget speech (capital gains changes from 23 Jul 2024)](https://www.indiabudget.gov.in/budgetspeech.php) 2. [Union Budget 2024-25, Finance (No. 2) Act 2024, Part B of the Budget speech (capital gains changes from 23 Jul 2024)](https://www.indiabudget.gov.in/budgetspeech.php) 05Questions ## Asked about the capital gains tax calculator. What is the LTCG tax rate on shares in India?12.5% on long term gains above Rs 1.25 lakh in a financial year, for listed shares and equity oriented funds held more than 12 months and sold on or after 23 Jul 2024. What is the STCG tax rate on shares?20% on gains from listed shares and equity oriented funds held for 12 months or less, sold on or after 23 Jul 2024. Is the Rs 1.25 lakh exemption per year?Yes. It applies to the total LTCG on listed equity and equity funds in each financial year and cannot be carried forward. 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Slides, sources, factsheets and the rebalance logs live there, and members join a daily Google Meet with me. [Sign up for RupeeCase](https://invest.rupeecase.com/signup) [Join the WhatsApp group](https://forms.gle/C6HMtM1Z2GfeocQV7) [One form, one group](https://forms.gle/C6HMtM1Z2GfeocQV7)Scan with your phone camera 06Keep going ## Learn the idea, see it applied. [Module 11.1Equity Taxation After July 2024: The New Rules10 min read, Path 11](/learn/path-11/module-11-1-equity-taxation-after-july-2024-the-new-rules)[Module 11.2Tax Treatment: MFs, ETFs, SGBs, Bonds & F&O9 min read, Path 11](/learn/path-11/module-11-2-tax-treatment-mfs-etfs-sgbs-bonds-and-fno)[Module 1.5Orders, Costs & Taxation12 min read, Path 01](/learn/path-1/module-1-5-orders-costs-taxation)[The matching indexLarge Mid Hybrid40 equity stocks plus 20% LiquidCase. 80/20 equity-plus-debt on the LargeMidCap 250.CAGR33.2%Sharpe1.67Max DD−18.3%Model, back tested, as of 27 Apr 2026. Not client returns, not a promise. 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