This tool will help you calculate capital gains tax on your investment
The difference between the sale price and the purchase price of a capital asset
is known as capital gain or loss. In case of financial asset if the holding period
is less than 1 year, the gain is treated as short term capital gain, otherwise it
is treated as long term capital gain. In case of property the respective periods
are less than 3 or more than 3 years.
In case of Short Term Capital Gain, the gain is clubbed with your annual income
and you pay tax on the entire income. In case of Long Term Capital Gain, you have
two options of calculating the tax:
@ 10% without indexation (plus surcharge of 10%)
@ 20% with indexation (plus surcharge of 10%)
You have to pay the lower of the two values as calculated above. Our tool calculates
the lower of two values
|