Quantfolio

Tax Harvesting Calculator (LTCG)

Your first ₹1.25 lakh of long-term gains each financial year is tax-free. See how much of it is left this year, how much gain you could book within it, and the 12.5% tax that saves later.

Exemption used this year₹20,000.00 of ₹1,25,000.00
Exemption left₹1,05,000.00
Gains you could book tax-free₹1,05,000.00
Future tax this saves₹13,125.00
₹1,45,000.00 of long-term gains stays for next year's exemption.Listed shares and equity funds, FY 2025-26 rules: ₹1,25,000.00 of long-term gains a year are tax-free; above it, 12.5%. Excludes surcharge & cess. Indicative only — not tax advice.

Frequently asked questions

What is tax harvesting (LTCG harvesting)?

Every financial year the first ₹1.25 lakh of long-term capital gains on listed shares and equity mutual funds is tax-free. Harvesting means booking long-term gains up to that limit — selling and buying back — so your purchase cost resets higher. Those gains are then never taxed, saving up to 12.5% of them (₹15,625 a year at the full ₹1.25 lakh).

When does it make sense?

Typically between January and March, once you know your gains for the year: any part of the exemption you don't use by 31 March is lost. It only applies to holdings you've had for more than 12 months; short-term gains are taxed at 20% and get no exemption.

Does buying back the same day count?

Selling and buying the same shares on the same day can be netted as an intraday trade by your broker, which isn't a capital gain. Investors usually buy back on the next trading day. Mutual fund units can be redeemed and bought again (exit loads may apply). India has no wash-sale rule, but check with your CA.

How do short-term losses change the result?

Short-term capital losses can be set off against long-term gains. Losses booked this year reduce the long-term gains that count against your exemption, which leaves more room to harvest.

Is the holding period reset after buying back?

Yes. The repurchased shares or units start a new holding period, so they're short-term again for the next 12 months. Weigh that, along with brokerage, STT and stamp duty, before booking.

See your exemption left and gains turning long-term, worked out from your own trades.

Quantfolio tracks your whole NSE/BSE portfolio — performance, risk, Nifty 50 benchmarking, capital-gains tax and F&O — completely free.

Track my portfolio free