LTCG tax on property
Capital gains tax when selling property.
Property held over 24 months: 12.5% LTCG without indexation + 4% cess (rules effective 23 July 2024). Exemptions under Sec 54/54EC not applied.
- Long-term capital gain
- ₹29,00,000
- Tax payable (incl. cess)
- ₹3,77,000
- Net proceeds after tax
- ₹65,23,000