Offset your stock market gains and reduce your tax bill before March 31st. Automatically find which loss-making stocks to sell to minimize your STCG and LTCG liability.
Step 1: Your Realized Gains
Enter gains you have already booked this financial year.
Current Tax Bill
₹0
₹
Taxed at 20% flat.
₹0
₹
First ₹1.25L exempt, then 12.5%.
₹0
Step 2: Add Loss-Making Holdings
Add stocks from your portfolio manually or upload a CSV.
No holdings added yet. Add your loss-making stocks above.
About Tax Harvesting
Tax Loss Harvesting is a strategy to reduce your tax liability by selling stocks that are currently at a loss to offset the gains you have realized from other profitable investments.
FY 2024-25 Tax Rules (India)
- STCG (Short Term Capital Gains): Taxed at 20%. Applies if held for less than 12 months.
- LTCG (Long Term Capital Gains): Taxed at 12.5%. Applies if held for more than 12 months. The first ₹1.25 Lakh of LTCG is exempt from tax every financial year.
Important Notes
- Set-off Rules: Short Term Capital Loss (STCL) can be set off against both STCG and LTCG. However, Long Term Capital Loss (LTCL) can only be set off against LTCG.
- Carry Forward: Any unadjusted losses can be carried forward for 8 assessment years.
- Wash Sale Rule: Unlike the US, India does not have a strict "Wash Sale" rule. However, buying back the same stock immediately after selling (especially on the same day) may be considered speculative or not genuine by tax authorities. It is generally advisable to wait at least 24 hours or ensure the transaction is a genuine delivery-based sale.