Property Capital Gains Tax Calculator
For land and buildings held over 24 months. Automatically compares the grandfathering choice (12.5% without indexation vs 20% with indexation) if you bought before 23 July 2024.
Before 23 July 2024 — you get the grandfathering choice.
Each renovation/addition is indexed from its OWN year, not your purchase year — add one entry per improvement.
LTCG tax payable
₹6,63,520
The grandfathering choice
Budget 2024 replaced indexed property taxation with a flat 12.5% rate — but gave people who'd already bought property before the change a way to avoid an unfair retroactive hit:
Indexation adjusts your purchase price for inflation using the Cost Inflation Index (CII), which shrinks your taxable gain — valuable for property held many years through high inflation. Property bought on or after 23 July 2024 doesn't get this choice at all — it's 12.5% without indexation, full stop.
Reducing the gain further
Beyond the rate choice, Sections 54 and 54EC let you reduce the taxable gain itself by reinvesting — in another residential property, or in specified bonds within 6 months of the sale, respectively.
Frequently asked questions
Each improvement is indexed separately, using the CII of the year the improvement was actually made — not your original purchase year. A renovation done 10 years after you bought the property gets 10 years less inflation adjustment than the original purchase cost. Improvements made before 1 April 2001 aren't eligible at all.