CII number for FY 2023-24, FY 2024-25: The income tax department notifies cost inflation index number for every financial year. This CII nu...

The new rules are notified by the Central Board of Direct Taxes (CBDT) on August 18, 2023 and became effective from September 1, 2023. The ...

The income tax department has notified the cost inflation index (CII) number for the current FY. CII number is used to arrive at the inflat...

In a notification dated June 15, 2022, the Central Board of Direct Taxes (CBDT) announced the cost inflation index (CII) for FY 2022-23.

This CII number will be used to arrive at long-term capital gains such as from the sale of debt mutual funds, flat etc. at the time of inco...

The low consumer inflation has led to a muted rise in CII and pared gains from indexation.

While high inflation is burning a hole in your pocket, there is a silver lining. High inflation also brings down your tax on long-term capi...

The Cost Inflation Index (CII) for FY 2020-21 will come into force with effect from April 1, 2021, and will accordingly apply to the assess...

India Inc has asked the government to put on hold a key proposal in the new wages code that limits employee allowances to 50% of total sala...

This number is important as it is used to arrive at the inflation-adjusted purchasing price of assets and thereby long-term capital gains.

CII number is used to compute the inflation-adjusted purchase cost of an asset in order to calculate LTCG on it when it is sold.

Most investors forget to include the most important factor in their calculations: indexation benefit.

The process may require the drug pricing watchdog to look at a set of separate parameters for these devices as compared to that for drugs.

Cost Inflation index is a number used to calculate the inflation-adjusted or inflation-indexed value of a monetary number.

The pricing formula will be effective from April 1, 2014 for a period of five years, with the price being revised quarterly.

The final decision on this vexed question is expected to be taken by the group of ministers on the proposed Mines and Minerals Bill 2011.

In a breakthrough at the informal ministerial hosted by India in Delhi, trade ministers from over 35 countries agreed to break the logjam i...