Capital Gains Tax Calculator 2024-2025
Capital Gains Tax Calculation
Note: Properties acquired after July 1, 2024 are subject to a flat 15% tax rate regardless of holding period.
Capital Gains Tax Rates
| Holding Period | Open Plot | Constructed Property | Flat/Apartment |
|---|---|---|---|
| ≤ 1 year | 15% | 15% | 15% |
| 1-2 years | 12.5% | 10% | 7.5% |
| 2-3 years | 10% | 7.5% | 0% |
| 3-4 years | 7.5% | 5% | 0% |
| 4-5 years | 5% | 0% | 0% |
| 5-6 years | 2.5% | 0% | 0% |
| > 6 years | 0% | 0% | 0% |
Frequently Asked Questions
Capital gains tax is a tax on the profit realized on the sale of a capital asset, such as real estate property, that was held for investment purposes.
The holding period is calculated from the date of acquisition to the date of sale. Even one extra day can move you into the next holding period bracket.
Improvement costs include any expenses that add to the value of your property or prolong its useful life, such as renovations or additions. Regular maintenance doesn't count.
Yes, certain exemptions may apply if you reinvest the proceeds in specified instruments or properties within the prescribed time limits.
Each property sale is treated separately for capital gains tax purposes, with its own holding period and applicable tax rate.
This is a new provision introduced to simplify taxation for recently acquired properties and encourage longer-term holding of real estate assets.
