Capital Gains from Your Broker Statement — Instant Tax Summary

Upload or paste your broker's Tax P&L / capital-gains CSV (Zerodha, Groww and most others) and we split it into long-term and short-term equity gains and estimate the tax under the post-23-July-2024 rules — 12.5% LTCG above the ₹1.25 lakh exemption and 20% STCG, plus cess. The figures stay editable and the file is read entirely in your browser.

Open Capital Gains from Your Broker Statement — free →

What you can do here

Upload or paste your broker's capital-gains / Tax P&L CSV — tolerant of Zerodha, Groww and most formats
Splits long-term vs short-term automatically from a term column or the holding period
LTCG 12.5% above the ₹1.25 lakh exemption, STCG 20%, plus 4% cess (post 23-Jul-2024)
Figures stay editable so you can verify against your statement
Free, no login — your file is parsed in your browser and never uploaded

The rates changed on 23 July 2024

Transactions before and after that date are taxed differently, which is why a statement spanning the change has to be split rather than totalled. For listed equity and equity mutual funds, long-term gains are now taxed at 12.5% above the ₹1.25 lakh annual exemption, and short-term gains at 20%. Indexation was withdrawn for most asset classes at the same time, with limited relief for certain immovable property acquired before that date. Any calculator or article still quoting 10% and 15% is describing the earlier regime.

Long term or short term depends on the asset

The holding period is not uniform. Listed equity shares and equity-oriented mutual funds become long-term after 12 months. Immovable property and most other assets require 24 months. Debt mutual funds have their own treatment depending on when the units were acquired. Since the entire tax outcome turns on this classification, check the acquisition and sale dates in the statement rather than trusting a summary column — broker files sometimes classify using their own convention.

The ₹1.25 lakh exemption is annual and applies once

It applies to long-term gains on listed equity and equity mutual funds for the year as a whole, not per transaction, per broker or per scheme. If you hold accounts with more than one broker, the exemption is still a single figure across all of them — which is why totals from separate statements have to be combined before the exemption is applied. It does not extend to short-term gains, and it does not extend to property.

Set losses off in the right order

The sequence is prescribed. A long-term loss can be set off only against long-term gains, while a short-term loss can be set off against either short-term or long-term gains — which makes short-term losses the more flexible of the two. Anything unabsorbed can be carried forward for eight assessment years, but only if the return for the loss year is filed by the due date. A belated return forfeits the carry-forward permanently, and that is the most expensive consequence of filing late.

Reconcile the statement before you rely on it

A broker's tax P&L is a convenience, not an assessment. Check it against the AIS, which independently reports your securities transactions to the department — a difference between the two is a common trigger for a mismatch notice. Watch for corporate actions such as bonus issues, splits and buybacks, which alter cost and holding period, and for transfers between demat accounts, where the original acquisition cost and date must carry across. Then confirm the tax figure against the capital-gains guidance before filing.

Frequently asked questions

Which file do I upload?

The Tax P&L or capital-gains statement CSV that your broker lets you download (Zerodha Console, Groww reports, etc.). We look for a realised P&L or buy/sell value column and a term or holding period.

How is equity capital gains taxed after July 2024?

Long-term gains (listed shares / equity mutual funds held over 12 months) are taxed at 12.5% on the amount above the ₹1.25 lakh yearly exemption; short-term gains (held 12 months or less) at 20%. A 4% health & education cess applies on top.

Is my data uploaded anywhere?

No — the CSV is read and parsed entirely in your browser using the FileReader API. Nothing is sent to any server.

What about property or debt funds?

This tool covers listed equity / equity mutual funds. For property, unlisted shares or debt funds (which are taxed differently, with exemptions like 54/54F/54EC), use the Capital Gains calculator in Citizen Tools.