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NRI capital gains tax calculator.

The July 2024 overhaul rewrote India's capital-gains rates: 12.5% long-term without indexation, 20% short-term on listed equity, and a ₹1.25 lakh exemption on listed gains. Estimate what you owe as a non-resident — and what the payer will withhold before you see the money.

Estimated tax (incl. 4% cess)
Classification
Capital gain
Taxable gain (after exemption)
Effective rate on gain

Assumes a sale on or after 23 July 2024. Short-term gains on unlisted shares, property and debt funds are modelled at the 30% top slab + cess; your slab may be lower. Excludes surcharge, Section 54/54F/54EC reinvestment reliefs, and treaty relief. Non-residents cannot set the basic exemption against Section 111A/112A gains and get no Section 87A rebate. Not tax advice.

The TDS reality for NRIs

Residents pay this tax through advance tax. As a non-resident, the payer withholds it first: the buyer of your property withholds on the full sale price under Section 195, and mutual funds withhold on redemption gains. When the withholding exceeds the tax you actually owe — which is usual — the difference comes back only through a filed return, or never leaves your hands if you obtain a Form 13 lower-deduction certificate before the sale.

Reliefs the calculator ignores

Reinvesting property gains in another Indian residential property (Section 54 / 54F) or in 54EC bonds within six months can eliminate the long-term tax entirely. Treaty residents should also check the capital-gains article — a few treaties, and the grandfathering under the Singapore and Mauritius treaties for pre-2017 share acquisitions, can change the answer. Run the DTAA rate checker for the withholding side.

This estimator is general information, not tax advice. Speak with the Pravasi Desk for a computation on your facts — including exemptions, surcharge and repatriation.

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