Tax on capital gain

Dear Sir 

Income from Capitak Gains will be as following :

Period of Holding : 26-01-1996 to 12-09-2012

Sales amount :     1575000/-

Less Indexed cost of Acqusition : 223144*852/281=676579

Less: Indexed cost of Improvement : 125000 (please mention a date for it as need to do indexdation of it) 

So capital gain will come : 773421 (approx ) and tax will be 20% on the same.

Pension Income : 140638 under income from other sources.

Total taxable income will be as under : (assuming senior citizen)

773421-(250000-140638)= 664059 (total taxable income)

tax on above : 664059*20% =132812/-

Plus education cess 3% = 3985

Total tax payable = 136797

less TDS and advance tax deducted if any 

Regards