Tools

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