Income Tax Calculator with Capital Gains 2025-26 — Salary + LTCG + STCG
Calculate your total income tax including capital gains — equity LTCG (12.5%), equity STCG (20%), debt LTCG, property gains, salary and other income. New vs old regime comparison. Free, instant, FY 2025-26.
Equity LTCG
12.5%
above ₹1.25L/yr · >12 months
Equity STCG
20%
flat · ≤12 months
Property LTCG
12.5%
no indexation · post Jul 2024
New regime: ₹75,000 standard deduction. Deductions like 80C, 80D not available. Zero tax up to ₹12.75 LPA for salaried. Capital gains taxed at special rates in both regimes.
Income Sources
Enter annual amounts
Capital Gains
Add each sale separately. STCG on debt/property is added to ordinary income.
Total Tax Payable
₹64,350
Effective rate: 4.60% · Marginal rate: 10.00%
Tax on Income
₹52,500
slab rate
Tax on CG
₹9,375
special rates
Surcharge
₹0
nil
Health & Ed Cess
₹2,475
4%
Income & Tax Breakdown
| Gross Salary | ₹12,00,000 |
| Less: Standard Deduction | − ₹75,000 |
| Net Salary | ₹11,25,000 |
| Taxable Ordinary Income | ₹11,25,000 |
| Tax on Ordinary Income | ₹52,500 |
Capital Gains Tax Breakdown
| Type | Gain | Rate | Tax |
|---|---|---|---|
| Equity LTCG(₹1.25L exempt) | ₹2,00,000 | 12.5% | ₹9,375 |
| Total Capital Gains Tax | ₹9,375 | ||
Income Tax Slab Breakdown
On taxable ordinary income of ₹11,25,000
| Income Slab | Rate | Tax |
|---|---|---|
| ₹0 – ₹4 L | 0% | ₹0 |
| ₹4 L – ₹8 L | 5% | ₹20,000 |
| ₹8 L – ₹12 L | 10% | ₹32,500 |
| ₹12 L – ₹16 L | 15% | ₹0 |
| ₹16 L – ₹20 L | 20% | ₹0 |
| ₹20 L – ₹24 L | 25% | ₹0 |
| ₹24 L – above | 30% | ₹0 |
Final Tax Computation
| Tax on ordinary income (slab) | ₹52,500 |
| Tax on capital gains | ₹9,375 |
| Surcharge | ₹0 |
| Health & Education Cess (4%) | ₹2,475 |
| Total Tax Payable | ₹64,350 |
FY 2025-26 · Post Budget 2024 capital gains rules · LTCG exemption of ₹1.25L applies only to equity/equity MF. Property LTCG uses 12.5% without indexation (post Jul 23, 2024 purchases). Pre-2018 equity grandfathering not modelled. Consult a CA for ITR filing.
Capital Gains Tax Rates — FY 2025-26
Post Budget 2024. All rates include 4% cess. Surcharge extra if applicable.
| Asset Type | Holding Period | Type | Tax Rate | Exemption |
|---|---|---|---|---|
| Listed Equity / Equity MF | > 12 months | LTCG | 12.5% | ₹1.25L/yr |
| Listed Equity / Equity MF | ≤ 12 months | STCG | 20% | Nil |
| Debt MF / Bonds | > 24 months | LTCG | 12.5% | Nil |
| Debt MF / Bonds | ≤ 24 months | STCG | Slab rate | — |
| Property / Land (post Jul '24) | > 24 months | LTCG | 12.5% | Section 54* |
| Property / Land | ≤ 24 months | STCG | Slab rate | — |
| Gold / Other assets | > 24 months | LTCG | 12.5% | Nil |
| Gold / Other assets | ≤ 24 months | STCG | Slab rate | — |
*Section 54/54F exemptions on property LTCG (reinvestment in another property) not modelled. Consult a CA for complex scenarios.
Frequently Asked Questions
How is LTCG on equity taxed in FY 2025-26?
LTCG (Long Term Capital Gains) on listed equity shares and equity mutual funds held for more than 12 months is taxed at 12.5% (without indexation) on gains exceeding ₹1.25 lakh per financial year. The first ₹1.25L of LTCG is fully exempt. This rate was revised from 10% in Budget 2024.
What is the STCG tax rate on equity in 2025-26?
STCG (Short Term Capital Gains) on listed equity and equity mutual funds held for 12 months or less is taxed at a flat 20%. This was revised from 15% in Budget 2024. STCG is not added to your ordinary income — it's taxed separately at this flat rate.
How is debt mutual fund capital gains taxed after Budget 2023?
After April 1, 2023, debt mutual fund gains (regardless of holding period) are taxed at your applicable income tax slab rate. However, Budget 2024 partially restored: debt MF held >24 months is now taxed at 12.5% LTCG without indexation. Debt MF held ≤24 months (STCG) is still taxed at slab rate.
Is the ₹1.25 lakh LTCG exemption per transaction or per year?
Per financial year, not per transaction. All your equity LTCG across all shares and mutual funds in a year is aggregated, and the first ₹1.25L is exempt. If your total equity LTCG is ₹3L, you pay 12.5% on ₹1.75L (₹3L − ₹1.25L).
Does capital gains affect my 87A rebate?
Yes, critically. The 87A rebate (which makes income tax zero up to ₹12L taxable income) is calculated on your total income including capital gains. If your salary income alone is ₹11L but you have ₹2L of STCG on equity, your total income is ₹13L — above the ₹12L threshold — and you lose the 87A rebate on ordinary income too. This calculator handles this correctly.
How is property (real estate) capital gains taxed in 2025-26?
Property sold after July 23, 2024 and held >24 months: LTCG taxed at 12.5% without indexation. Property held ≤24 months: STCG taxed at your slab rate. Note: properties sold before July 23, 2024 had the option of 20% with indexation or 12.5% without — whichever was lower. This calculator uses the post-July 2024 rules.
Can I use this calculator for both new and old regime?
Yes. Switch between regimes using the toggle at the top. In the old regime, enter your deductions (80C, 80D, HRA, home loan interest, NPS). Capital gains are taxed at the same special rates regardless of which regime you choose — only ordinary income treatment differs between regimes.
What surcharge applies on capital gains?
Surcharge on capital gains (LTCG/STCG on equity and other special-rate income) is capped at 15%, even if your total income exceeds ₹5 crore. Surcharge on ordinary income follows normal bands: 10% above ₹50L, 15% above ₹1Cr, 25% above ₹2Cr. This calculator applies the correct surcharge rates to each income component.