Tools
Calculate your Capital gains tax liability on sale of an investment
| Investment value (Rs.)
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| Investment year
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Financial Year starts on 01st of April of every Year, and ends on 31st of March
next year
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| Sale / Maturity value (Rs.)
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| Sale / Maturity year
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Result
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| Short Term capital Gains(Rs.)
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| Tax Applicable(Rs.)
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| Education Cess(Rs.)
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| Total Tax payable(Rs.)
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Explanation
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| Long Term capital Gains(Rs.)
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| Tax Applicable(Rs.)
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| Education Cess(Rs.)
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| Total Tax payable(Rs.)
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Explanation
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Capital Gain / Loss:
The difference between sale price and purchase price of a capital asset / investment
is known as capital gain or loss. In case of financial assets if the holding period
is less than 1 financial year, the gain is treated as short term capital gain /
loss, otherwise it is treated as long term capital gain / loss. In case of property,
the respective periods are less than 3 and more than 3 years.
Taxation for short term capital gain:
The gain is clubbed with your annual income and you pay tax on the entire
income.
Taxation for long term capital gain:
You have two options of calculating the tax
@ 10% without indexation (plus education tax 3%)
@ 20% with indexation (plus education tax 3%)
You have to pay the lower of the two values as calculated above. Our tool calculates
the lower of two values