Home/Calculators/Capital Gains Tax (2024 Budget)

Real Estate Capital Gains Tax CalculatorFinance Act 2024 Dual-Regime

Compare Long-Term Capital Gains (LTCG) tax on property sale: 12.5% Flat Rate without Indexation vs 20% with Cost Inflation Indexation (Grandfathered for acquisitions prior to July 23, 2024).

Grandfathering Eligibility Check

Was this property acquired before 23rd July 2024?

✓ Eligible for Dual-Regime Choice: You can choose between 12.5% without indexation or 20% with indexation, whichever requires lower tax.

1. Property Acquisition & Sale Figures

₹30,00,000
₹1,20,00,000
Deductible from gross consideration

2. Cost of Improvements / Renovations

3. Tax Exemption & Reinvestment Planner

Save up to 100% Tax
₹0
₹0
★ Recommended Optimal Filing Choice
12.5% Flat Rate (New)
₹11,50,500Total Tax Outflow
✨ Net Tax Saved via Optimal Choice:+₹3,70,500
New Regime12.5% Flat
Unindexed Cost:₹30,00,000
Gross LTCG:₹88,50,000
Exemptions:-₹0
Tax (incl 4% cess):₹11,50,500
Old Regime (Indexed)20% Indexed
Indexed Cost:₹45,37,500
Indexed LTCG:₹73,12,500
Exemptions:-₹0
Tax (incl 4% cess):₹15,21,000

CBDT Cost Inflation Index (Recent Years)

2024-25
363
2023-24
348
2022-23
331
2021-22
317
2020-21
301
2001-02
100

Statutory Legal Notes & Exemption Rules (Finance Act 2024)

Grandfathering for Pre-July 23, 2024 Assets

Under the amended Section 112, Resident Individuals and HUFs who acquired land or building before 23rd July 2024 are entitled to compute tax under both 12.5% (without indexation) and 20% (with indexation) and discharge liability at the lower amount.

Section 54 Capital Gains Reinvestment

Exemption under Section 54 can be claimed by investing the capital gains in purchasing a residential house within 1 year before or 2 years after the date of transfer, or constructing within 3 years (capped at ₹10 Crores from AY 2024-25).

Section 54EC Capital Gains Bonds

Capital gains can be invested in specified long-term bonds issued by NHAI, REC, PFC, or IRFC within 6 months of transfer. The maximum investment limit is ₹50 Lakhs per financial year with a 5-year lock-in.

Properties Acquired Before April 1, 2001

For properties purchased prior to 1st April 2001, the taxpayer can substitute the Fair Market Value (FMV) or Stamp Duty Circle Rate as on April 1, 2001 as their acquisition cost, indexed with base CII of 100.