Capital Gains Calculator
Identify a capital asset, calculate a gain, or estimate capital-gains tax in three separate modes.
Open tool : Capital Gains CalculatorCapital Gains
Capital Gains Tools
Income Tax Calculator
Compare supported income across both tax regimes for ROR, RNOR or NR.
Open tool : Income Tax CalculatorAdvance Tax Calculator
See cumulative instalment targets after expected credits and earlier payments.
Open tool : Advance Tax CalculatorSupporting Blogs
Capital-gains records: dates, asset type and annual totals
A broker profit figure is a starting point. Tax treatment depends on the asset, holding period, transaction conditions, dates and gains or losses across the year.
Read the blog : Capital-gains records: dates, asset type and annual totalsFinancial year, assessment year and Tax Year: choose the right period
Start with the relevant income period and transaction dates. The applicable provisions and rates depend on the relevant period and, for some transactions, the date of the specific event or transfer. The date on which a return is filed does not, by itself, move the underlying income into a different period.
Read the blog : Financial year, assessment year and Tax Year: choose the right periodTax payable or refund: read the reconciliation, not only the headline
A refund is an excess-payment position after the tax computation. It is different from a deduction, exemption or reduction in liability.
Read the blog : Tax payable or refund: read the reconciliation, not only the headlineQuestions about Capital Gains
Should I enter sale proceeds in the annual income-tax calculator as a gain?
No. First determine the gain from the consideration, eligible costs and applicable adjustments. The annual calculator asks for gains in the relevant categories.
Can I apply an annual allowance separately to every trade?
No. Review the eligible annual total and the applicable threshold together. Applying an annual allowance to each trade can understate tax.