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Capital Gain - -Long/Short Capital Gains Calculator
(Sold any Equity Share (STT Paid) or Equity Oriented mutual Fund In recognised stock exchange)
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LTCG means Long Term Capital Gain
on different Asset classes like Debt, Equity, Real Estate, Gold etc.
Ever since it was abolished in 2005, long-term Capital gains (LTCG) tax on equities hits the headlines before every Budget.
There is always the speculation that it is making a comeback. Since LTCG tax can bring equity markets down, it triggers widespread fears
STCG means Short Term Capital Gain
on different Asset classes like Debt, Equity, Real Estate, Gold etc. generally applicable for smaller holding duration (Lesser than year). In case of equities its @ Flat 15% on gains for holdings period of less than a year.
On right you will be able to see capital gains application as per income tax laws in India.
You have entered all long term capital gains / loss transactions which are subject to the proposed 10% LTCG tax plus 4% cess for FY 2018-2019. This assumption is necessary as the Rs 1 lakh exemption of LTCG is proposed to be given from the aggregate of all LTCG subject to this tax during one financial year.
That there are no brought forward losses or other losses to be set off against the LTCG for FY18-19 other than any calculated above.
That budget 2018's tax proposals relating to long term capital gains tax on equity and equity oriented Mutual Fund schemes are enacted and become law as presented on Feb 1, 2018.
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very good calculator