Capital Gains Tax Rate 2024 Calculator India. Capital gains from property received by gift or will are calculated based on the cost of acquisition by the previous owner, as per section 49 (1) of the. This amount of ₹50,000 will be added to your taxable income, and you will have to pay tax on ₹10,50,000 at normal income tax rates.

Estimate capital gains tax liability by downloading year end documents received from the depositories. The union budget 2024 introduced a hike in the tax rate for short term capital gains (stcg) from equity investments, raising it from 15% to 20%.