Calculate Tax on Capital Gain
Note: Tax is calculated based on applicable LTCG and STCG rates.
LTCG (Long-Term Capital Gain): Taxed at 12.5% under Section 112A of the Income Tax Act, 1961. Gains up to ₹1,25,000 are exempt; tax is applicable only on gains exceeding ₹1,25,000.
STCG (Short-Term Capital Gain): Taxed at 20% under Section 111A of the Income Tax Act, 1961.
LTCG refers to gains realized after holding the asset for more than 1 year. STCG refers to gains realized within 1 year of holding the asset.