What are capital Gain?
An Amount earned From The Sale of capital Asserts, like building,lands, house,machinery,patents,vehicles,trademarks leasehold rights,and jewellery,is capital gain.
Type of Capital Gains
Profits earned from the sale of an immovable capital assert held for less than 24 months is short term capital Gain (STCG) , and an assert held For more than 24 months is long term capital Gain(LTCG)
Capital Gain Tax On property
Capital Gain Taxes are levied on Profile earned by the sale of a capital assert after it is sold.
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Short Term capital Gain Tax Calculation
For the Acquisition Home improvement, and transfer from the final price and calculate the capital gain tax as per the slab rate using a capital Gain Calculator
Long term Capital Gain Calculator
Deduct the indexed cost of acquisition,home improvement,and transfer from the final selling price.