Coverbox Long Term Capital Gain Tax Calculator

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Coverbox Long Term Capital Gain Tax Calculator

by jkachhara

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Description

The Coverbox Long Term Capital Gain (LTCG) Tax Calculator helps property owners and investors in India quickly estimate their tax liability when selling property.
It provides results with and without indexation benefit, helping users understand the difference in taxation.

  1. Upload the coverbox-ltcg-calculator folder to the /wp-content/plugins/ directory.
  2. Activate the plugin through the ‘Plugins’ menu in WordPress.
  3. Use shortcode [ltcg_calculator] in any page or post to display the calculator.
What is this plugin used for?

This plugin helps users calculate the Long Term Capital Gains (LTCG) tax on their investments in stocks, mutual funds, or other assets. It provides an easy way to determine how much tax is applicable based on current tax laws.

How do I calculate LTCG tax using this plugin?

Simply enter the purchase price, sale price, and holding period of your asset. The plugin automatically calculates the taxable LTCG and displays the tax amount based on the current rate.

Does this plugin account for exemptions or deductions?

Yes, the plugin allows you to enter exemptions like the ₹1 lakh annual LTCG exemption on equity and equity mutual funds. Deductions will be applied automatically in the tax calculation.

Which assets can I calculate LTCG for?

You can use this plugin to calculate LTCG for stocks, equity mutual funds, and other assets subject to long-term capital gains tax under Indian tax law.

Is the plugin updated for the latest tax rules?

Yes, the plugin follows the latest Indian Income Tax rules for long-term capital gains as of the current financial year. Updates will be provided if tax laws change.

Can I use this plugin offline?

Yes, once installed, the plugin works without an internet connection for calculations.

Can I integrate this calculator into my website pages?

Yes, you can use the provided shortcode [ltcg-tax-calculator] to embed the calculator on any WordPress page or post.

Is this plugin free?

Yes, the LTCG Tax Calculator plugin is completely free to use.

Do I need technical knowledge to use this plugin?

No, the plugin is designed to be simple and user-friendly. Anyone can calculate LTCG tax by entering basic investment details.

1.0

  • Initial release of the Coverbox LTCG Calculator.
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