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Tax engine

Know the tax
before you sell

Every sale split into FIFO lots, every lot classified LTCG or STCG, every PAN's exemption tracked separately — with harvesting suggestions before March runs out.

Tax planner · FY 2025–26 · Hardik

₹18,230 estimated liability

₹86,400 exemption unused

Realized LTCG

₹1,63,600

₹38,600 above exemption

Realized STCG

₹47,900

taxed at 20%

Dividends

₹22,140

added to slab income

Harvest: sell 31 × HDFCBANK (LTCG ₹86,100) before 31 Mar to use the remaining exemption tax-free.

Product shown with illustrative example data.

FIFO lot matching

The tax math your broker won't show you

The Income Tax Act mandates first-in, first-out: sell 40 shares and your oldest lots go first, each with its own holding period and its own LTCG or STCG treatment. ProjectionWealth keeps every lot from your imported history and does this split on every sale — before you place it.

Sell 40 × RELIANCE

@ ₹2,980

Lot 1 · 12 Mar 2021

25 shares · held 5y 4m

LTCG+₹23,250

Lot 2 · 4 Nov 2025

15 shares · held 8m

STCG+₹9,150
LTCG ₹23,250 — inside ₹1.25L exemption₹0
STCG ₹9,150 × 20%₹1,830
Tax on this sale₹1,830

Sell preview

Know the tax before you confirm

Simulate any sale — a percentage, a quantity, a rupee amount — and see the lot split, the Sec 112A classification, the exemption applied and the net proceeds you'll actually receive. Then decide.

Tax outlook · simulate a sale

Sell portion of holding35%

Gross

₹8.6L

Tax

₹12,400

You receive

₹8.4L

Exemption applied first, brokerage included — the number you'd actually bank.

Harvesting

Use every ₹1.25L exemption, every year

Unused LTCG exemption vanishes on 31 March. The tax planner watches every family portfolio's exemption separately and suggests exactly which lots to sell — and rebuy — to book gains tax-free. Four PANs means four exemptions.

LTCG exemption used · FY 2025–26

H
Hardik₹38,600 of ₹1.25L
P
Priya₹1,25,000 of ₹1.25L
P
Papa₹0 of ₹1.25L
M
Mummy₹12,400 of ₹1.25L

₹2.24L of family exemption still unused — the planner suggests harvests per PAN.

Everything included

  • FIFO lot matching on every sale, per the IT Act
  • LTCG/STCG classification at Sec 112A rates
  • ₹1.25L exemption tracked per PAN, per FY
  • Tax preview before any sale is recorded
  • Harvesting suggestions before 31 March
  • FY-wise realized P&L: gains, dividends, interest
  • Estimated tax liability per portfolio
  • Intraday (speculative) P&L tracked separately

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