Capital gains tax rates for 2026-27
| Asset | Long-term after | Short-term | Long-term |
|---|---|---|---|
| Listed shares, equity funds | 12 months | 20% | 12.5% above ₹1.25 lakh |
| Property | 24 months | Slab rate | 12.5% (or 20% with indexation if bought before 23 Jul 2024) |
| Gold, unlisted shares, others | 24 months | Slab rate | 12.5% |
| Debt funds (bought from Apr 2023) | Never | Slab rate | |
Cost Inflation Index
For property bought before 23 July 2024, indexation raises your purchase price for inflation using the Cost Inflation Index. The index for 2026-27 is 384 (2001-02 = 100).
| Year | CII | Year | CII |
|---|---|---|---|
| 2001-02 | 100 | 2002-03 | 105 |
| 2003-04 | 109 | 2004-05 | 113 |
| 2005-06 | 117 | 2006-07 | 122 |
| 2007-08 | 129 | 2008-09 | 137 |
| 2009-10 | 148 | 2010-11 | 167 |
| 2011-12 | 184 | 2012-13 | 200 |
| 2013-14 | 220 | 2014-15 | 240 |
| 2015-16 | 254 | 2016-17 | 264 |
| 2017-18 | 272 | 2018-19 | 280 |
| 2019-20 | 289 | 2020-21 | 301 |
| 2021-22 | 317 | 2022-23 | 331 |
| 2023-24 | 348 | 2024-25 | 363 |
| 2025-26 | 376 | 2026-27 | 384 |
Questions people ask
When is a gain long-term?
Listed shares and equity mutual funds: held for more than 12 months. Property, gold, unlisted shares and most other assets: more than 24 months. Debt mutual funds bought from 1 April 2023 are always taxed at slab rates.
Is the ₹1.25 lakh exemption per sale?
No. It covers all your long-term gains from listed shares and equity funds in the whole financial year together.
Can I still use indexation on property?
Only for land or buildings bought before 23 July 2024, and only for resident individuals and HUFs. You pay whichever is lower: 12.5% without indexation or 20% with indexation. This calculator compares both.
How can I reduce tax on property gains?
By reinvesting in another residential house or in specified bonds within the time limits (earlier sections 54, 54F and 54EC). These have conditions; ask a tax professional before you sell.
Method and sources
Rates for transfers from 23 July 2024, unchanged in Budget 2026. Equity: STCG 20%, LTCG 12.5% above ₹1.25 lakh (after 12 months). Other assets: LTCG 12.5% after 24 months; property bought before 23 July 2024 may instead use 20% with indexation (Cost Inflation Index, 2026-27 = 384). Cess 4% included; surcharge and set-off of losses are not. How we calculate.
Last reviewed 22 Oct 2026 by the WealthFeedz team.