OquiliaOquiliaOquilia — India's Financial Intelligence Platform
Insurance
Calculators
Invest
Tax
Loans
For NRIs
For Business
News
Tools
Learn
Oquilia Advisor
HomeCalculatorsInsuranceNews
View All InsuranceCompare Health PlansBest Term InsuranceHealth Insurance for ParentsCompare PlansCompany ProfilesHospital NetworkClaims Analysis
View All CalculatorsSIP CalculatorEMI CalculatorIncome TaxFD CalculatorPPF CalculatorAll 150+ Calculators
View All InvestBest Mutual FundsBest SIP PlansBest FD RatesEPF vs VPF vs NPS1 Crore in 10 YearsIndex Funds India
View All TaxOld vs New RegimeTax Saving under 80CIncome Tax Slabs 2025Capital Gains TaxSave Tax on SalaryITR Filing Guide
View All LoansCompare Home Loan RatesHome Loan EligibilityBest Personal LoanRent vs Buy HousePrepay Loan or Invest?Education Loan Abroad
View All For NRIsNRI Investment GuideNRI Tax FilingNRI BankingNRI InvestmentsNRI Real EstateNRI Taxation
For Business
View All NewsLatest NewsBlog / GuidesReports
View All ToolsAm I Underinsured?Policy AuditJargon Decoder
View All LearnFinancial GlossaryFAQAbout OquiliaContact
Oquilia Advisor
  1. Home
  2. Calculators
  3. Tax
  4. Capital Gains Tax
  5. Gurgaon
Tax

Capital Gains Tax Calculator — Gurgaon FY 2025-26

Capital gains tax on Gurgaon (Haryana) investments — updated with Finance Act 2024 rates. Property LTCG (held >24 months): 12.5% without indexation. A 900 sqft flat in Gurgaonbought at Rs 99.0L and sold 3 years later at Rs 124.7L generates LTCG of Rs 17.8L — taxed at Rs 2.31L (12.5% + 4% cess). Equity LTCG: 12.5% above Rs 1.25L annual exemption. STCG: 20%.

Verified Formula|Source: Income Tax Department, Government of India|Last verified: April 2026Methodology

Transaction Details

Listed shares, equity mutual funds, equity ETFs

1 month1y 6m10 years

LTCG threshold for Equity / Equity MF: 12 months. Your holding qualifies as Long-Term.

Related Calculators

Income Tax CalculatorOld vs New Regime
Long-Term Capital Gain (LTCG)

Held for 18 months. Equity / Equity MF requires 12 months for LTCG classification. Tax rate: 12.5%

Capital Gain

₹5,00,000

Tax Rate

12.5%

Tax Amount

₹48,750

Net Gain

₹4,51,250

Tax Computation

Sale Price₹15,00,000
Less: Purchase Price (Cost of Acquisition)- ₹10,00,000
Capital Gain₹5,00,000
Less: Exemption (Rs 1.25L LTCG exemption)- ₹1,25,000
Taxable Capital Gain₹3,75,000
Tax @ 12.5%₹46,875
Add: Cess (4%)₹1,875
Total Tax on Capital Gains₹48,750

Rs 1.25 Lakh LTCG Exemption

Under Section 112A, long-term capital gains on listed equity shares and equity mutual funds up to Rs 1,25,000 per financial year are exempt from tax. Gains above this threshold are taxed at 12.5%.

Capital Gains Tax Rates — Quick Reference (FY 2025-26)

AssetLTCG ThresholdSTCG RateLTCG Rate
Listed Equity / Equity MF12 months20%12.5% (above Rs 1.25L)
Debt Mutual Funds24 monthsSlab rateSlab rate
Property / Real Estate24 monthsSlab rate12.5%
Gold / Gold ETF24 monthsSlab rate12.5%

Capital Gains Tax on Gurgaon Investments — Finance Act 2024 Guide

The Finance Act 2024 (Union Budget 2024, effective 23 July 2024) significantly overhauled capital gains taxation in India. The changes — removing indexation for property LTCG, revising equity STCG from 15% to 20%, and standardising LTCG at 12.5% across most asset classes — have direct implications for Gurgaon (Haryana) investors in real estate, equity, and gold. Understanding the new regime is essential before selling any capital asset in Gurgaon. Haryana has zero professional tax — Gurgaon professionals save Rs 2,500/year vs Mumbai counterparts. With India's highest average salary (Rs 15 lakh/year), Gurgaon's per-capita income tax contribution is the highest of any single city in India. Yet Gurgaon is non-metro for HRA — despite being part of NCR, it doesn't qualify for the 50% HRA exemption that Delhi residents get.

Property Capital Gains in Gurgaon: Finance Act 2024 Changes

Gurgaon's real estate market: Golf Course Extension Road and Southern Peripheral Road (SPR) saw 25–30% appreciation in FY2025 — the highest in NCR. Dwarka Expressway sectors (102–113) rose 20%+. Luxury segment (DLF 5, Aralias) crossed Rs 25,000/sqft. New Gurgaon (Sectors 82–95) provides affordable entry at Rs 7,000–9,000/sqft. Properties in prime localities — Golf Course Road, Sohna Road, DLF Phase 1-5 — average Rs 11,000/sqft.

Example: Selling a 900 sqft flat in Gurgaon

  • Purchase price: Rs 99.0L (Rs 11,000/sqft × 900 sqft)
  • Stamp duty paid at purchase (7%): Rs 6,93,000
  • Registration charge (1%): Rs 99,000
  • Total Cost of Acquisition: Rs 106.9L (purchase + stamp duty + registration)
  • Sale price after 3 years (at ~8% annual appreciation): Rs 124.7L
  • LTCG (Long Term, held >24 months): Rs 17.8L gain — taxed at 12.5% without indexation (Finance Act 2024). Tax + cess: Rs 2.31L
  • If sold within 24 months (STCG): Entire gain taxed at your income slab rate. At 30% slab: tax = Rs 5.55L — significantly higher than LTCG.

Key Finance Act 2024 change: Indexation benefit (which allowed adjusting purchase price for inflation using the Cost Inflation Index) has been removed for property sold on or after 23 July 2024. This increases LTCG for long-held properties but the 12.5% flat rate (reduced from earlier 20% with indexation in some cases) may partially offset this. Calculate both scenarios if you acquired property before 2001 or hold it for 10+ years — grandfathering provisions may apply.

TDS on Gurgaon Property Sale: Section 194-IA

When you sell Gurgaon property above Rs 50 lakh, the buyer must deduct 1% TDS (Section 194-IA). At a sale price of Rs 124.7L:

  • Property value Rs 124.7L exceeds Rs 50L — buyer deducts TDS of Rs 1.25L (1%). This appears in your Form 26AS.
  • TDS is offset against your capital gains tax liability when filing ITR. If your LTCG tax (Rs 2.31L) is more than TDS, you pay the balance tax while filing ITR.

Section 54 and 54EC: Exemptions for Gurgaon Property Sellers

Two critical exemptions can eliminate or reduce your Gurgaon property capital gains tax:

  • Section 54: If you sell a residential property in Gurgaon and reinvest the LTCG in another residential property within 2 years of sale (or construct within 3 years), the entire LTCG is exempt. Given Gurgaon's active real estate market — Golf Course Extension Road and Southern Peripheral Road (SPR) saw 25–30% appreciation in FY2025 — the highest in NCR. Dwarka Expressway sectors (102–113) rose 20%+. Luxury segment (DLF 5, Aralias) crossed Rs 25,000/sqft. New Gurgaon (Sectors 82–95) provides affordable entry at Rs 7,000–9,000/sqft. — reinvestment in another Gurgaon property is often feasible. Deposit exemption amount in Capital Gains Account Scheme (CGAS) before ITR filing if you cannot complete purchase in time.
  • Section 54EC: Invest LTCG in NHAI, REC, or PFC bonds within 6 months of sale (up to Rs 50 lakh per financial year) for full exemption. These are long-term bonds (5-year lock-in), currently yielding ~5.75% p.a. — lower than bank FDs but the tax saving on large gains is significant.
  • Section 54F: If you sell any asset other than a residential house (e.g., plot, commercial property) and invest the entire net sale consideration (not just gains) in a residential property, LTCG is exempt proportionally.

Equity Capital Gains for Gurgaon's Investors

Gurgaon's IT/ITESprofessionals are among India's most active equity investors. Finance Act 2024 updated equity capital gains:

  • Equity LTCG (listed shares/equity MFs, held >12 months): 12.5% on gains above Rs 1,25,000 per financial year (Section 112A). On equity gains of Rs 1,75,000: exempt Rs 1,25,000, taxable Rs 50,000, tax Rs 6,500 (including 4% cess).
  • Equity STCG (held <12 months): 20% (Section 111A) — increased from 15% by Finance Act 2024. On Rs 1,00,000 STCG: tax = Rs 20,800.
  • Tax Harvesting: Sell equity investments annually to realise up to Rs 1.25L in long-term gains tax-free (within the annual exemption), then immediately repurchase the same units at the higher NAV. This resets your cost basis and avoids accumulated LTCG building up. A Gurgaon professional with a Rs 10L+ equity portfolio should do this review every March.
  • Loss harvesting: Short-term capital losses can be set off against both STCG and LTCG. Long-term capital losses can only be set off against LTCG. Carry forward unused losses for up to 8 years.

Gold Capital Gains in Gurgaon

Physical gold and gold ETFs have different treatment post Finance Act 2024:

  • Physical gold (jewellery, coins, bars): LTCG if held >24 months — 12.5% without indexation (Finance Act 2024). On Rs 5,00,000of gold with 30% appreciation over 3 years: gain Rs 1,50,000, LTCG tax Rs 19,500 (12.5% + 4% cess).
  • Sovereign Gold Bonds (SGBs): If held to maturity (8 years), redemption proceeds are fully exempt from capital gains tax — a significant advantage over physical gold. If SGBs are sold on the exchange before maturity: LTCG at 12.5% if held >12 months; STCG at 20% if less.
  • Gold ETFs and Gold Mutual Funds: Treated as debt MF for taxation (see below) — slab rate tax regardless of holding period (Finance Act 2023 change).

Debt Mutual Fund Capital Gains (Finance Act 2023 Change)

A significant rule change effective 1 April 2023: gains from debt mutual funds (where equity <35% of corpus) are now taxed at your income slab rate regardless of holding period — the previous 20% with indexation (for >3 years) is no longer available for new purchases after 31 March 2023. On Rs 50,000 debt MF gain: at 30% slab = Rs 15,600 tax; at 20% slab = Rs 10,400 tax. This makes debt MFs less tax-efficient than bank FDs for high-bracket Gurgaon professionals — though FDs also face TDS and the same slab-rate taxation.

Disclaimer

Capital gains computations are based on Finance Act 2024 provisions effective 23 July 2024. Property cost of acquisition includes stamp duty and registration charges paid at purchase. LTCG on property does not include improvement costs and brokerage (these can also be added to cost). Grandfathering provisions apply for equity investments held before 31 January 2018. Section 54/54EC exemptions have specific compliance requirements and timelines. Surcharge applies for capital gains above Rs 50L in some categories. Consult a Chartered Accountant in Gurgaon before any significant capital gains transaction.

Frequently Asked Questions — Capital Gains Tax in Gurgaon

How much capital gains tax do I pay on selling a Gurgaon property at Rs 11,000/sqft?

For a 900 sqft flat in Gurgaon purchased at Rs 99.0L (including stamp duty Rs 6,93,000 + registration Rs 99,000), cost of acquisition is Rs 106.9L. If sold after 3 years at ~8% annual appreciation (Rs 124.7L), LTCG = Rs 17.8L. At 12.5% + 4% cess: LTCG tax = Rs 2.31L. If you reinvest the gain in another property under Section 54, or in 54EC bonds (up to Rs 50L), the entire gain can be tax-exempt. STCG (if sold within 24 months) at 30% slab would be Rs 5.55L — significantly higher. Plan your holding period accordingly.

Does stamp duty paid in Gurgaon at 7% reduce my capital gains tax?

Yes — stamp duty and registration charges paid at the time of property purchase are part of your Cost of Acquisition and directly reduce your capital gain. For a Gurgaonproperty purchased at Rs 99.0L: stamp duty at 7% = Rs 6,93,000 and registration at 1% = Rs 99,000 are added to the purchase price, giving a total cost base of Rs 106.9L. This reduces your taxable LTCG by Rs 7,92,000, saving approximately Rs 1,02,960 in capital gains tax (12.5% + 4% cess). Similarly, renovation costs with valid receipts and brokerage paid at sale can be deducted from sale consideration.

What is the Rs 1.25 lakh equity LTCG exemption and how does it benefit Gurgaon investors?

Section 112A provides a Rs 1,25,000 annual exemption on long-term capital gains from listed equity shares and equity mutual funds. This means the first Rs 1.25L of equity LTCG in any financial year is tax-free. At 12.5% LTCG rate, this exemption saves up to Rs 16,250/year (plus cess). For Gurgaon's active SIP investors — particularly in Bengaluru and Hyderabad's tech sector where large SIP portfolios are common — the Tax Harvesting strategy (booking up to Rs 1.25L gain every March and reinvesting) resets cost basis annually, permanently eliminating the LTCG on those units. Over a 10-year period, consistent tax harvesting can save Rs 1.5-2L in total LTCG tax on a Rs 10L+ equity portfolio.

Can I avoid capital gains tax if I reinvest Gurgaon property sale proceeds?

Yes, using Section 54 (for residential property) or Section 54EC (for NHAI/REC bonds). Under Section 54, if you sell a residential property in Gurgaon and buy another residential property within 2 years (or construct within 3 years), the LTCG of Rs 17.8L is fully exempt. The new property must be in India. You can also deposit the gain amount in a Capital Gains Account Scheme (CGAS) at a nationalised bank before filing your ITR to preserve the exemption while you search for the right property. Under Section 54EC, invest up to Rs 50L in NHAI or REC 54EC bonds within 6 months of sale — capital gains up to Rs 50L are exempt, with the bonds locked in for 5 years at ~5.75% annual interest.

Gurgaon's capital gains landscape is defined by DLF super-premium launches and Sohna Road rapid development — where under-construction property investments made in 2010-2018 are now completing possession and creating LTCG events with acquisition dates tracked from booking/allotment rather than possession. Finance Act 2024's property LTCG change (12.5% without indexation with grandfathering for pre-July 23, 2024 acquisitions) significantly favors Gurgaon's long-tenure buyers given the city's extraordinary appreciation: DLF Cyber City area 3BHK booked in 2011 for Rs 1.2Cr (per builder payment record) now completed and selling for Rs 3.8Cr: New method Rs 2.6Cr × 12.5% = Rs 32.5L versus Old method: indexed Rs 1.2Cr × 363/184 = Rs 2.367Cr; LTCG Rs 1.433Cr × 20% = Rs 28.66L. Old method wins by Rs 3.84L for 2011 Gurgaon buyers — the very high acquisition cost means indexation provides substantial protection. For 2007-2009 buyers: new method may win. Equity LTCG above Rs 1.25L is taxed at 10% (raised from Rs 1L in Budget 2024). STCG on listed equity is 20% (raised from 15%). Gurgaon's BFSI professional concentration (HDFC Bank, Citibank, American Express, Mastercard, EY, PwC) creates substantial equity portfolio capital gains from RSU vesting, annual LTCG harvesting events, and MF SIP redemptions.

Key Insight — Gurgaon

Gurgaon's defining capital gains insight is the under-construction property acquisition date controversy and its LTCG implications — where buyers of DLF, M3M, Godrej, or Emaar under-construction projects who made their first payment (booking amount) in 2012-2014 but received possession in 2017-2019 face conflicting dates for capital gains holding period computation. The Income Tax Department's position (and ITAT Haryana/Delhi precedents) is that the acquisition date is when the allotment letter is issued and the buyer makes substantial payment — not the possession date or registration date of the Conveyance Deed. For Gurgaon buyers: if you booked a DLF Ultima unit in 2012 (paid Rs 20L booking, balance paid over 2012-2016, possession in 2018, Conveyance Deed registered in 2019), and selling in 2025: Acquisition date = 2012 (allotment letter date). Holding period = 13 years → LTCG (long-term). Acquisition cost = Total paid to builder (including all installments) + any stamp duty/registration at Conveyance Deed stage. Under this interpretation, all payments made 2012-2016 are collectively the 'acquisition cost'. Compare to if possession date (2018) was used: holding period = 7 years still LTCG. Or Conveyance Deed (2019): still LTCG. So for a 2025 sale, the acquisition date controversy doesn't affect LTCG classification (all options > 24 months). But it matters for CII year: 2012 CII = 200 vs 2018 CII = 280 vs 2019 CII = 289. Higher CII for later year = more indexed cost = less LTCG under old method. If old method is being used and you want to minimize tax, use the earliest defensible acquisition date for a lower CII (counter-intuitively, earlier acquisition date with lower CII is worse for indexation — buyer should use the latest defensible date for higher CII). Consult CA for the specific allotment documents.

Gurgaon's Financial Context and Capital Gains Calculator

Haryana PT: Rs 0. Gurgaon NON-METRO HRA: 40% of basic (despite being India's largest corporate hub — non-metro classification persists). Stamp duty Haryana (residential): 7% for men, 5% for women + 1% registration ≈ 8% men / 6% women. Property LTCG: 12.5% without indexation (Finance Act 2024); grandfathering for pre-July 23, 2024 acquisitions. Under-construction acquisition date: date of allotment letter/builder payment schedule commencement — supported by Punjab and Haryana High Court precedents. CII 2024-25: 363. DLF Phase 1 apartment 2008 Rs 60L → Rs 2.8Cr: New: Rs 2.2Cr × 12.5% = Rs 27.5L. Old: indexed Rs 60L × 363/137 = Rs 158.9L; LTCG Rs 2.141Cr × 20% = Rs 42.82L. New wins by Rs 15.32L. Sohna Road 2010 Rs 45L → Rs 1.6Cr: New: Rs 1.15Cr × 12.5% = Rs 14.375L. Old: indexed Rs 45L × 363/167 = Rs 97.8L; LTCG Rs 62.2L × 20% = Rs 12.44L. Old wins by Rs 1.935L — close call. MG Road corridor luxury apartments Rs 1.5Cr+ (2012) → Rs 5Cr+: new method wins strongly (6x appreciation). NRI TDS: buyer deducts 20%+cess on LTCG for NRI sellers (Section 195). Lower Deduction Certificate (Form 13) for NRI sellers. Section 54: one new residential property, 2 years purchase / 3 years construction.

DLF and Luxury Project Resale — Section 54 Reinvestment in Gurgaon's Expanding Periphery

Gurgaon's luxury resale market (DLF Cyber Greens, M3M Golf Estate, Emaar Marbella) involves LTCG events of Rs 50L-5Cr+ where Section 54 reinvestment planning becomes critical. The Section 54 exemption ceiling of Rs 10Cr LTCG (introduced by Finance Act 2023) limits ultra-premium Gurgaon sellers — a Golf Course Road seller realizing Rs 12Cr LTCG can only exempt Rs 10Cr through Section 54, paying tax on the remaining Rs 2Cr × 12.5% = Rs 25L. Reinvestment options for Gurgaon LTCG: (a) New construction project in Gurgaon sectors 76-92 or Dwarka Expressway corridor (under-construction → 3-year Section 54 window → purchase builder-buyer agreement now, possession due 2028 → Section 54 exemption claimed in ITR of sale year using CGAS). (b) Luxury resale in South Delhi or Noida as new property — Section 54 covers any residential property in India, not just Gurgaon. (c) CGAS: deposit LTCG (up to Rs 10Cr cap) in Capital Gains Account Scheme at SBI/Punjab National Bank before ITR filing (July 31) → continue searching for reinvestment property for up to 2 years. Withdrawal from CGAS: requires ITO approval for each withdrawal, accompanied by utilization certificate that proceeds are being invested in qualifying property. CGAS interest: 7.5% on Term Deposit within CGAS, fully taxable — the CGAS deposit does not create a tax-free return, only preserves the capital gains exemption eligibility. Section 54EC for Gurgaon sellers: Rs 50L maximum bond investment. At Rs 2Cr LTCG, 54EC saves only Rs 50L × 12.5% = Rs 6.25L. Combined 54+54EC: invest Rs 10Cr in new property (Section 54) + Rs 50L in bonds (54EC) → not available simultaneously for the same LTCG amount if total LTCG ≤ Rs 10Cr (you must choose one exemption path for each LTCG rupee).

BFSI RSU and Bonus Share Capital Gains — Citibank, HDFC Bank, Amex Professionals

Gurgaon's concentration of BFSI professionals from Citibank, American Express, HDFC Bank, and Mastercard creates RSU-driven equity capital gains that differ from the manufacturing or IT sector. MNC BFSI RSUs: Typically in USD-denominated parent company shares (Citigroup Inc., American Express Co.) listed on NYSE — NOT listed on Indian exchanges. These are foreign equity: LTCG at 20% with indexation if held 24+ months (not 10% concessional rate which requires STT payment on Indian exchange). STCG at slab rate if <24 months. Foreign equity LTCG is NOT covered by the Rs 1.25L annual exemption (that exemption applies to India-listed equity LTCG only). Schedule FA (Foreign Assets) in ITR-2 mandatory for holding or selling US RSUs. HDFC Bank RSUs (Indian listed): STT-paid, 12-month holding → concessional 10% LTCG above Rs 1.25L annual exemption. Bonus shares from Indian banks: acquisition cost = nil (issued free), holding period from allotment date. A Citibank Gurgaon professional with 200 Citigroup RSUs vesting at USD 62 (2022), selling at USD 68 (2025): LTCG = USD 6 × 200 = USD 1,200 = Rs 1L approximately (at Rs 83/USD). Held 36 months (>24 months) → LTCG at 20% with indexation. But indexation in foreign currency requires using FCII (foreign cost inflation index) — practically, for 3-year holding, indexation benefit is modest. Tax: Rs 1L × 20% = Rs 20,000 (simplified; actual calculation requires forex conversion rate at each relevant date). File ITR-2 Schedule FA even if tax liability is small — failure to disclose foreign assets carries Rs 10L penalty under Black Money Act.

More Questions — Capital Gains Calculator in Gurgaon

I booked a DLF Ultima 3BHK in Gurgaon in 2013 (total paid Rs 1.5Cr to builder over 2013-2017, possession 2019, Conveyance Deed 2020). Selling for Rs 4.2Cr in 2025. New or old method?

DLF under-construction property LTCG: Acquisition date analysis: Allotment letter date 2013 is defensible as acquisition date. Total cost to builder = Rs 1.5Cr (all installments 2013-2017). Additional cost: stamp duty on Conveyance Deed 2020 at 7% on Rs 4.2Cr... wait, stamp is on original consideration, not sale price. Stamp on Conveyance Deed typically assessed at current circle rate or builder-buyer agreement amount (whichever higher). Assume stamp+registration paid in 2020 = Rs 1.5Cr × 7% = Rs 10.5L (approximately). Total acquisition cost: Rs 1.5Cr + Rs 10.5L = Rs 1.605Cr. Now compare methods using 2013 as acquisition year (CII 2013-14 = 220): New method: LTCG = Rs 4.2Cr - Rs 1.605Cr = Rs 2.595Cr × 12.5% = Rs 32.4375L + cess = Rs 33.73L. Old method: Indexed cost = Rs 1.605Cr × 363/220 = Rs 2.648Cr. LTCG = Rs 4.2Cr - Rs 2.648Cr = Rs 1.552Cr × 20% = Rs 31.04L + cess = Rs 32.28L. Old method wins by Rs 1.45L. Now test with 2020 Conveyance Deed date (CII 2020-21 = 301): Old: indexed Rs 1.605Cr × 363/301 = Rs 1.936Cr; LTCG Rs 2.264Cr × 20% = Rs 45.28L. New: same Rs 32.4375L → new method wins decisively if 2020 date is used. The acquisition date choice matters: 2013 date → old wins by Rs 1.45L. 2020 date → new wins by Rs 12.84L. Use 2013 allotment date (Rs 32.28L old) vs 2020 (Rs 32.4375L new) → old 2013 wins. The earliest defensible acquisition date with old indexation method is optimal here. File ITR-2 with 2013 acquisition date, old method. TDS: buyer deducts 1% on Rs 4.2Cr = Rs 4.2L.

I hold Citigroup Inc. RSUs (US-listed shares) — 300 shares vested in 2022 at USD 54, current price USD 67. Do I pay 10% LTCG like Indian equity?

US RSU foreign equity capital gains: Citigroup shares are listed on NYSE (New York Stock Exchange) — NOT on NSE/BSE. Therefore: Concessional 10% LTCG rate does NOT apply. No STT paid on US exchange purchase (at vesting). Foreign equity tax treatment: Holding period 24+ months → LTCG at 20% with indexation. Holding period <24 months → STCG at slab rate (30%+cess for 30% bracket employees). Vested 2022, selling 2025: holding 3 years → LTCG. Calculation: Cost of acquisition = FMV on vesting date = USD 54/share (or the amount already taxed as perquisite — this avoids double taxation). 300 shares × USD 54 = USD 16,200 = Rs 13.44L (at USD/INR 83 approximately at time of acquisition in 2022). Sale: 300 × USD 67 = USD 20,100 = Rs 16.68L (at current rates; use actual exchange rate on sale date per RBI reference rate). LTCG in INR: Rs 16.68L - Rs 13.44L = Rs 3.24L. But indexation is on the INR cost: indexed Rs 13.44L × 363/331 (CII 2022-23 ≈ 331) = Rs 14.74L. LTCG after indexation: Rs 16.68L - Rs 14.74L = Rs 1.94L × 20% = Rs 38,800 + cess = Rs 40,352. No Rs 1.25L exemption (that's only for India-listed equity). Schedule FA: mandatory — disclose Citigroup shares under Foreign Assets, and report the sale under Foreign Source Income. Country-to-country reporting: India-US DTAA allows India to tax capital gains from US shares held by Indian residents. Claim foreign tax credit in the US (if any US tax was also withheld) using Form 1116. Consult CA experienced in NRI/international taxation.

Related Calculators — Gurgaon

Explore other financial calculators with Gurgaon-specific data and insights.

ELSS CalculatorinvestmentIncome Tax CalculatortaxStamp Duty CalculatorloanOld vs New Regimetax

Capital Gains Calculator — Other Cities

City-specific data — professional tax, HRA classification, property prices, salary benchmarks — changes the output significantly. Compare with other cities.

Metro Cities

MumbaiDelhiBengaluruHyderabadChennaiKolkataNoidaAhmedabad

Other Cities

PuneJaipurLucknowChandigarhKochiIndoreCoimbatoreNagpurBhopalThiruvananthapuramGoa
InsuranceCalculatorsInvestTaxLoansNRIMBAHNIAI
Oquilia

150+ calculators · Zero commissions

Oquilia

Intelligent financial analysis. 150+ calculators & unbiased analysis.

Data: IRDAI · RBI · SEBI · AMFI

Calculators

  • SIP
  • EMI
  • Income Tax
  • FD
  • PPF
  • NPS
  • Gratuity
  • HRA
  • ELSS
  • All 150+

Insurance

  • Compare Plans
  • Companies
  • Claims Data
  • Hospitals
  • Health Premium
  • Term Premium
  • Section 80D

Tax & Loans

  • Old vs New
  • Capital Gains
  • TDS
  • Home Loan EMI
  • Car Loan EMI
  • Rent vs Buy
  • Prepayment

More Tools

  • Invest Hub
  • Tax Planning
  • Loan Tools
  • NRI Hub
  • MBA Finance
  • HNI Wealth
  • Glossary
  • News
  • Blog
  • Reports
  • Tools
  • Oquilia Advisor

Company

  • About
  • Contact
  • FAQ
  • Legal Hub
  • Privacy
  • Terms
  • Disclaimer
  • Cookie Policy
  • Grievance
  • Disclosure

© 2026 Oquilia. Not a licensed financial advisor. All third-party logos and trademarks belong to their respective owners.

PrivacyTermsDisclaimerSitemap