Property Capital Gains (LTCG with Indexation)

Calculate long-term and short-term capital gains tax on property sale in India. Includes indexation benefit, Sec 54 exemption, and net tax payable after 2024 budget changes.

Property Capital Gains Tax Calculator

LTCG on property — Budget 2024 updated rates with indexation comparison

Sale price Rs 1Cr
Rs 5LRs 10Cr
Rs
Purchase price Rs 30L
Rs 1LRs 5Cr
Rs
Purchase year 2015
20012024
Sale year 2025
20022026
Improvement cost Rs 0
Rs 0Rs 1Cr
Rs
Sec 54 exemption (reinvestment) Rs 0
Rs 0Rs 10Cr
Rs
Minimum tax payable
---
---
Best option
---
for your case
Net gain
---
after exemption
Sale price---
Purchase + improvement---
Indexed cost (for 20% option)---
Gain with indexation---
Tax @ 20% with indexation---
Gain without indexation---
Tax @ 12.5% without indexation---
Minimum tax payable---
Sale proceeds vs capital gains tax
---
---

Estimates for planning purposes. Consult a registered financial advisor before major property decisions.

Capital gains tax comparison — indexed vs non-indexed
💡
ThriftRupee Insight

The 2024 Union Budget removed indexation benefit for property sold after July 23, 2024 — LTCG is now taxed at 12.5% without indexation. However, for properties bought before July 23, 2024, you can choose the lower of: 20% with indexation OR 12.5% without indexation. This choice can save lakhs. Always compute both and pick the lower one.

Property Capital Gains Tax — Budget 2024 Changes

From July 23, 2024, LTCG on property is taxed at 12.5% without indexation. For properties bought before this date, choose the lower of 20% with indexation or 12.5% without — this can save lakhs for older properties. Use this calculator to find the optimal option for your specific case.

Frequently asked questions

What is LTCG on property after Budget 2024?▼
From July 23, 2024: LTCG on property held 24+ months is taxed at 12.5% without indexation. For properties bought before this date, taxpayers can choose between 20% with indexation or 12.5% without. Short-term capital gains (held less than 24 months) are taxed at income tax slab rates.
What is Section 54 exemption on property sale?▼
Section 54 exempts LTCG if the proceeds are reinvested in another residential property within 1 year before or 2 years after sale (or 3 years for under-construction). The exemption is limited to the LTCG amount invested. Excess proceeds must be deposited in Capital Gains Account Scheme (CGAS) before the ITR due date.
What is indexation benefit in property?▼
Indexation adjusts the purchase cost for inflation using the Cost Inflation Index (CII) published by the income tax department. Higher indexed cost = lower capital gains. For properties held 10+ years, indexation can reduce taxable gains by 50–70%, making the 20% with indexation option better than 12.5% without for older properties.

You might also need

Capital Gains (Property Tax)
Detailed capital gains computation
Section 54 Exemption
Reinvestment exemption calculator
Stamp Duty Calculator
Purchase-side charges