LTCG Tax on Rs 3 Lakh Profit
On Rs 3 lakh LTCG, the first Rs 1.25 lakh is exempt. Tax of 12.5% applies on Rs 1.75 lakh — that's Rs 21,875.
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Quick Tax Calculator for LTCG Tax on Rs 3 Lakh Profit
Enter your buy and sell price to estimate the capital gains tax.
Capital Gain/Loss
₹3,00,000
LTCG
Tax Rate
12.5%
LTCG rate
Exemption Used
₹1,25,000
of Rs 1.25L limit
Tax Owed
₹21,875
Effective rate: 7.3%
Estimates assume this is your only capital gain for the FY. Actual tax depends on total gains, losses, and carry-forward. For exact FIFO-based calculation, upload your tradebook.
How This Tax Is Calculated
With Rs 3 lakh in LTCG, Rs 1.75 lakh is taxable after the exemption. At 12.5%, that's Rs 21,875. This is where loss harvesting becomes especially valuable — even Rs 50,000 in harvested losses saves Rs 6,250 in tax.
Tax Breakdown
Key Rules That Apply
- 1Taxable LTCG: Rs 3,00,000 - Rs 1,25,000 = Rs 1,75,000
- 2Tax owed: 12.5% of Rs 1,75,000 = Rs 21,875
- 3Short-term losses can offset LTCG before exemption applies
- 4Consider spreading sales across FYs for double exemption
How to Reduce This Tax
- Harvest both STCL and LTCL to reduce net LTCG
- If near March 31, consider deferring some sales to next FY
- Use gain harvesting on other stocks to utilize the full exemption
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Common questions about this tax amount
How much tax on Rs 3 lakh long-term capital gains?
Rs 21,875. After the Rs 1.25 lakh exemption, Rs 1.75 lakh is taxed at 12.5%.
How can I reduce LTCG tax on Rs 3 lakh?
Harvest losses from other stocks to offset the gains, or split your sales across two financial years to use Rs 2.5 lakh in total exemptions.
Is the Rs 1.25 lakh exemption per stock or total?
Total. The exemption applies to your aggregate LTCG across all listed equity shares and equity mutual funds for the financial year.