Property capital gains tax in India: 12.5% with indexation or 20% without (Budget 2024 introduced this choice). Held 24+ months = Long-Term (LTCG); shorter = Short-Term (slab rate). Section 54 / 54F exemptions apply if proceeds are reinvested in another residential property. The calculator handles indexation, exemption planning, and post-Budget rate comparison.
When to use this
Use after selling a flat / house / plot / commercial property. Plan ahead before selling to model the post-tax proceeds. Decide between 12.5% indexed vs 20% non-indexed. Plan Section 54 / 54EC reinvestment to defer or eliminate the tax.
Frequently Asked Questions
When does Section 54 exemption apply?
When you sell a residential property and reinvest the capital gain in another residential property within 2 years (or construct within 3 years). The full LTCG can be exempted up to the cost of the new property. Section 54F is similar but for non-residential -> residential reinvestment.
Can I claim both indexation and Section 54?
Yes - they're independent. First compute indexed LTCG (reduces taxable amount), then apply Section 54 exemption (further reduces or eliminates the taxable amount). The calculator handles both in sequence.
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