Capital Gains Accounts Scheme 2025 notified: 5 major changes investors and taxpayers should know

The Ministry of Finance on Wednesday, November 19, 2025, notified the Capital Gains Accounts (Second Amendment) Scheme, 2025. The revised scheme has made several changes to the Capital Gains Account Scheme, 1988, which was last revised in 2012.

The Capital Gains Accounts Scheme (CGAS) enables taxpayers to save tax by depositing their unutilised long-term capital gains in capital gains accounts. The tax exemption is allowed only for a fixed period of time.

CGAS is especially beneficial for property sellers as they can deposit their unutilised capital gains for up to three years and avail the tax exemption under Section 54.

The revised CGAS rules are expected to increase taxpayer convenience and make the tax exemption claims process smoother under sections 54, 54B, 54D, 54G, 54GA and 54GB of the Income Tax Act, 1961.

Major changes under the Capital Gains Accounts Scheme

The following are key changes introduced through the revised new capital gains account scheme:

• Credit card;

• Debit card;

• Net banking;

• IMPS (Immediate Payment Service);

• UPI (Unified Payment Interface);

• RTGS (Real Time Gross Settlement);

• NEFT (National Electronic Funds Transfer), and

• BHIM (Bharat Interface for Money) Aadhaar Pay;

Apart from the above, CGAS has been expanded to include Section 54GA, which will allow exemption on depositing unutilised capital gains from shifting an industrial undertaking from an urban area to an SEZ.

Section 54 allows taxpayers to avoid tax on LTCG from selling a plot or a house if the proceeds are reinvested in a CGAS account within the prescribed time limits.

The revised law came into effect on November 19, 2025.