Long term if held more than 12 months. LTCG 12.5% over ₹1.25L exemption; STCG 20%.
₹
₹
Holding period
31 mo
Long term
Capital gain
₹3.00 L
Taxable: ₹1.75 L
Tax payable
₹21,875
12.5% effective
Step-by-step computation
Holding period31 months (more than 12 months)
TermLONG term
Capital gain₹8,00,000 - ₹5,00,000 = ₹3,00,000
Less: LTCG exemption- ₹1,25,000 (₹1.25 lakh/year)
Taxable LTCG₹1,75,000
LTCG tax @ 12.5%₹21,875
Net gain after tax₹2,78,125
✨ Live · Rules for transfers on/after 23 Jul 2024 (Budget 2024) · Tax shown is the base LTCG/STCG amount before 4% health & education cess and any surcharge · Educational estimate, not tax advice · Verify current rates with the Income Tax Department or a CA.