How is Capital Gains Tax calculated on property sales?

When you sell a property, the profits are taxed as Capital Gains:

• Short-Term Capital Gains (STCG): If sold within 24 months of purchase. Profits are added to your total income and taxed according to your applicable slab rate.
• Long-Term Capital Gains (LTCG): If sold after 24 months. The standard taxation rate is 20% with indexation benefits (which adjusts your purchase cost against price inflation).