Indexation benefit on sale of property removed; new LTCG rate of 12.5% announced for capital gains on sale of propertyIndexation benefit removed from sale of property, budget 2024: The budget 2024 announced the removal of indexation benefit available on sal...
01 Aug, 2024, 01.34 PM IST
Indexation benefit removed: What is indexation benefit on selling property, how is it calculated, what has changedIn the past, people in India had the option to use 'indexation benefit' to reduce the tax on the profit made from selling a property. This ...
24 Jul, 2024, 11.32 AM IST
What is Cost Inflation Index (CII) for FY 2024-25, FY 2023-24 for income tax purposes?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...
19 Jun, 2024, 10.31 AM IST
Cost inflation index number for FY 2023-24 (AY 2024-25) used for LTCG calculation notified by CBDTThe income tax department has notified the cost inflation index (CII) number for the current FY. CII number is used to arrive at the inflat...
31 Jul, 2023, 12.23 PM IST
What tax benefit do debt mutual funds enjoy?If held for more than three years, debt mutual funds are eligible for indexation benefits, which lowers the tax liability. On account of th...
08 Feb, 2023, 09.01 AM IST
Cost inflation index for FY 2022-23 used for LTCG calculation notifiedIn a notification dated June 15, 2022, the Central Board of Direct Taxes (CBDT) announced the cost inflation index (CII) for FY 2022-23.
12 Jan, 2023, 01.59 PM IST
Learn with ETMarkets: How indexation helps you save taxes?That won't happen because the value of your home has increased due to growing inflation. As a result, it would be unfair if the government ...
21 Nov, 2022, 10.56 AM IST
What is cost inflation index for FY 2021-22 used in LTCG calculations?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...
14 Oct, 2022, 03.15 PM IST
Indexation in debt mutual funds, simplified for new investorsOne reason why rich investors prefer debt mutual funds is the benefit of indexation available, a facility not available with both bonds and...
28 Sep, 2022, 09.12 AM IST
CII Index: Despite high inflation, why indexation benefit impact on investments has been reducedThe low consumer inflation has led to a muted rise in CII and pared gains from indexation.
25 Jul, 2022, 10.06 AM IST
ITR filing: How inflation can help reduce your income tax liabilityWhile 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...
14 Sep, 2021, 09.21 AM IST
Cost inflation index for FY 2020-21 used for LTCG calculation notified by finance ministryThe 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...
15 Jun, 2021, 04.47 PM IST
Finance Ministry notifies cost inflation index for FY 2019-20 as 289This number is important as it is used to arrive at the inflation-adjusted purchasing price of assets and thereby long-term capital gains.
13 Sep, 2019, 01.00 PM IST
Cost inflation index FY 2018-19 used for LTCG calculation notified by governmentCII number is used to compute the inflation-adjusted purchase cost of an asset in order to calculate LTCG on it when it is sold.
06 Aug, 2019, 11.04 AM IST
Indexation helps you to save taxes on long-term debt mutual fundsMost investors forget to include the most important factor in their calculations: indexation benefit.
24 Nov, 2016, 02.07 PM IST
FMPs can aid you in saving tax, getting higher returnsDouble Indexation Benefit Double indexation helps in reducing tax liability significantly by stretching your investments over three financi...
26 Mar, 2014, 03.06 PM IST
It's the right time to give your portfolio the fixed maturity plans edgeExperts feel investors should take this opportunity to lock in money at current rates, and also gain from double indexation.
13 Feb, 2014, 06.55 AM IST