Capital gains when you sell property
Tax on the difference between the sale price and the acquisition cost, with the treatment depending on how long you held it. It can be a very large number on a property held for decades, and it is best planned before the sale, not after.
What it means
Tax on the difference between the sale price and the acquisition cost, with the treatment depending on how long you held it.
Why it matters to a household
It can be a very large number on a property held for decades, and it is best planned before the sale, not after.
Where it trips people up
Assuming reinvesting in another property automatically eliminates the tax. Exemptions exist but come with strict conditions and timelines.
In an Indian household
The rules on holding periods, indexation and exemptions have changed more than once in recent years. Take current professional advice for any significant sale.
Where FamTally comes in
FamTally is a free AI-driven money manager built for Indian families. It holds your loans, income, expenses, assets, insurance and goals in one place, forecasts five years ahead, and lets you ask an assistant questions about your own numbers rather than looking up general advice. Everything on this page is the kind of thing it works out for you automatically.
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Start freeQuestions people ask
Capital gains when you sell property
Tax on the difference between the sale price and the acquisition cost, with the treatment depending on how long you held it.
Why does it matter?
It can be a very large number on a property held for decades, and it is best planned before the sale, not after.
What do people usually get wrong?
Assuming reinvesting in another property automatically eliminates the tax. Exemptions exist but come with strict conditions and timelines.
Is there anything India-specific?
The rules on holding periods, indexation and exemptions have changed more than once in recent years. Take current professional advice for any significant sale.