Tax-Loss Harvesting
FY-end windowTurn paper losses into real tax savings before 31 March. India has — you can sell at a loss and rebuy immediately (keep it -safe with a similar fund).
This is a planning simulation. Nothing is sold and no orders are placed. Build a harvest plan here, then execute with your broker or Valura before 31 March.
Harvestable losses
₹79.66L
Potential tax saving
₹28.61L
Net benefit
₹27.90L
STCL positions
4 high-value
Gains already booked this year
Loss vs tax saving per position (₹ Lakh)
Why is worth ~3× more
Per ₹1L of harvested loss at your income level. STCG is uncapped; LTCG surcharge is capped at 15% — which is exactly why short-term losses are the prize.
Harvest opportunities · 4 to plan
Mirae Asset Global Leaders IFSC
Mirae Asset MF · MIRAE-GLOBAL · 2,200 units
Unrealized loss
₹32.24L
−19.8%
Est. tax saving
₹10.11L
@ 39.0%
Net benefit
₹9.91L
after ₹19,619 cost
Held
9m 23d
437d to LTCG
Harvest now — offsets existing STCG at 39.00%. Rebuy immediately (no wash sale rules in India).
Axis NASDAQ 100 IFSC ETF
Axis MF · AXIS-NASDAQ · 600 units
Unrealized loss
₹21.34L
−12.7%
Est. tax saving
₹8.32L
@ 39.0%
Net benefit
₹8.10L
after ₹21,974 cost
Held
8m 0d
490d to LTCG
Harvest now — offsets existing STCG at 39.00%. Rebuy immediately (no wash sale rules in India).
Tata S&P 500 Index ETF - IFSC
Tata MF · TATA-SP500 · 850 units
Unrealized loss
₹15.26L
−9.9%
Est. tax saving
₹5.95L
@ 39.0%
Net benefit
₹5.74L
after ₹20,920 cost
Held
11m 5d
395d to LTCG
Harvest now — offsets existing STCG at 39.00%. Rebuy immediately (no wash sale rules in India).
DSP BlackRock World Gold IFSC
DSP MF · DSP-GOLD · 1,800 units
Unrealized loss
₹10.82L
−16.1%
Est. tax saving
₹4.22L
@ 39.0%
Net benefit
₹4.14L
after ₹8,477 cost
Held
7m 10d
510d to LTCG
Harvest now — offsets existing STCG at 39.00%. Rebuy immediately (no wash sale rules in India).
Glossary — every term in plain English
STCL
Short-Term Capital Loss — a loss on something held ≤24 months. The most valuable kind to harvest, because it can offset BOTH short- and long-term gains.
LTCL
Long-Term Capital Loss — a loss on something held >24 months. It can only offset long-term gains.
STCG
Short-Term Capital Gain — profit on an asset held ≤24 months, taxed at your income-slab rate (plus surcharge & cess).
LTCG
Long-Term Capital Gain — profit on an asset held >24 months. On overseas/IFSC funds: 12.5% + surcharge (capped at 15%) + 4% cess.
Wash-sale rule
A US rule that cancels your tax loss if you rebuy the same security within 30 days. India has NO such rule — but it DOES apply to US-resident investors.
GAAR
General Anti-Avoidance Rule — India can deny a tax benefit if a trade has no purpose other than dodging tax. Buying a similar-but-not-identical replacement fund keeps you safe.
Carry-forward
Unused capital losses carry forward up to 8 years to offset future gains — but only if you file your ITR by the due date (31 July).
Surcharge
An extra percentage of tax for high incomes. For capital gains it is capped at 15%.
Cess
A 4% Health & Education cess added on top of your tax.
Section 10(4D)
Section 10(4D)/10(4F) — exempts a non-resident's gains on IFSC fund units & specified securities from Indian tax, when settled in foreign currency.
Illustrative only · Tax rates per Finance Act 2025, FY 2025-26 · Consult your CA before acting.