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Cost Inflation Index(CII) for FY 2024-25 (AY 2025-26): Check out cost inflation index chart from 2001-02 to 2024-25. Cost Inflation index also called Capital gain index is used to calculate the indexed cost of acquisition for long-term capital gain tax.
25 Μαΐ 2024 · Cost Inflation index are used for computing indexed cost of acquisition. What is Cost Inflation Index (CII)? It is a measure of inflation that finds application in tax law, when computing long-term capital gains on sale of assets. Section 48 of the Income-Tax Act defines the index as what is notified by the Central Government every year, having ...
10 Σεπ 2024 · As per income tax law, the base year for the Cost Inflation Index is FY 2001-02. Previous to the amendment made by the Finance Act 2017, the base year was 1981-82.
6 Ιουν 2024 · The Cost Inflation Index (CII) is a measure of inflation used in the computation of long-term capital gains on the sale of assets, as per Section 48 of the Income Tax Act, 1961. The Central Board of Direct Taxes (CBDT) notifies the CII annually.
23 Ιουλ 2024 · Here is the Cost Inflation Index (CII) from FY 2024-25 to FY 2001-02: This table provides a clear and concise overview of the Cost Inflation Index over the years, which is crucial for calculating...
Cost Inflation Index - Check out the Latest Inflation Price Index Table for FY 2024-25. Know How to Calculate Inflation Price with Formula. Visit our site now.
25 Μαΐ 2024 · Cost Inflation Index for FY 2024-25 notified as 363 by CBDT. Up-to-date Cost Inflation Index Table / chart from FY 2001-02 to FY 2024-25