Capital Gains Tax 2024 Calculator. Calculate your capital gains tax liability for land & building sales in india easily with our free calculator. For the 2024 tax year, you won’t pay any capital gains tax if your total taxable income is $47,025 or less.
The tax that you have taken from the profit which you have gained from selling or disposing of an asset that has increased in value is called capital. So, the tax rates on the short term gains on transfer of listed assets, the rate has been increased to 20%.