The CBDT (Central Board of Direct Taxes) notifies the Cost Inflation Index for Capital Gain every year. The latest Cost inflation index for Financial Year 2021-22 / Assessment Year 2022-23 vide Notification No. 73/2021-Income Tax | Dated: 15th June, 2021 is 317. What is Cost Inflation Index? As the name “Cost Inflation Index” suggests it’s …
Cost Inflation Index for Capital Gain for FY 2021-22 is 317 Read More »
We have compiled an Excel based Capital gains calculator for Property based on new 2001 series CII (Cost Inflation Index). It calculates both Long Term and Short Term capital gains and associated taxes. You need to feed your property sale & purchase date along with values. There is option to include cost of repairs/improvement that …
Capital Gains Calculator for Property 2021 ★ Know your Tax Liability ★ Read More »
Covers Capital Gains Tax on Mutual Funds (including Equity, Debt, Liquid, Gold, International Funds) for FY 2021-22 and how it impacts your returns.
Income Tax Slab for FY 2020-21 (AY 2021-22) for Individuals (Men & Women), HUFs, Senior Citizens, Partnership Firm, Domestic Company and Capital Gains effective from April 1, 2020
The long-term capital gains from property can be huge especially if the asset was held for really long term. These gains are taxed at 20% + cess (effectively 20.8% from FY 2018-19) which can cause a major dent in the amount received on sale. So if we have an option to save, we must save …
How to Save Long Term Capital Gains Tax from Property? Read More »
