Capital gains · Harvesting
Capital Gains Harvest Planner
Use your ₹1.25 lakh LTCG exemption before 31 March
India allows ₹1.25 lakh of long-term capital gains from equity every year completely tax-free. If you don't use this exemption before March 31, you lose it forever. Enter your stock and mutual fund holdings — the planner shows exactly what to sell to use your full exemption and legally reduce next year's tax bill.
Your holdings · 1/15
Per-holding analysis
| Asset | Type | Holding | Status | Unrealised gain | Recommendation |
|---|---|---|---|---|---|
| (unnamed) | Equity share | — | STCG · 20% | ₹0 | Hold (no gain) |
Harvesting plan
Sell these holdings before 31 March
No eligible LTCG harvesting opportunity yet. Add holdings that have been held over 12 months with positive unrealised gains.
Total LTCG to book
₹0
Tax saved by harvesting
₹0
Tax if you don't harvest
₹0
Tip: After selling, you can rebuy the same shares the next day to reset your cost basis. This is legal in India and commonly used.
How this is computed
- ·Equity / equity MF held > 12 months: long-term, taxed at 12.5% on gains above ₹1.25 lakh (Sec 112A).
- ·Equity / equity MF held ≤ 12 months: short-term, taxed at 20% (Sec 111A, post 23-Jul-2024).
- ·Debt MF bought on/after 1 April 2023: gains always taxed at slab rate, regardless of holding period.
- ·The ₹1.25 lakh LTCG exemption is per financial year and does not carry forward — use it or lose it.
- ·After harvesting, you can rebuy the same shares the next day to reset cost basis. India has no 'wash sale' restriction for gains harvesting — this is legal.
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