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2 wrz 2024 · 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 maj 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.
10 wrz 2024 · Get the latest Cost Inflation Index (CII) for FY 2023-24 (AY 2024-25) with our detailed guide. Find the updated CII table, learn how to calculate indexation benefits for capital gains, and understand through practical examples.
9 lis 2023 · WASHINGTON — The Internal Revenue Service today announced the annual inflation adjustments for more than 60 tax provisions for tax year 2024, including the tax rate schedules and other tax changes. Revenue Procedure 2023-34 provides detailed information about these annual adjustments. New for 2024.
6 wrz 2022 · Compare income tax inflation adjustments in Europe. With continued concerns over inflation, individuals may be wondering how their tax bills will be impacted. Less than half of OECD countries in Europe automatically adjust income tax brackets for inflation every year.
23 lip 2024 · This table provides a clear and concise overview of the Cost Inflation Index over the years, which is crucial for calculating the indexed acquisition cost and, consequently, the LTCG...
6 cze 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. To date, the CBDT has provided the CII for financial years 1981-82 to 2024-25.
