Cost Inflation Index for FY 2019-20 is 289

Cost Inflation Index 2001 Series

Budget 2017 has changed the base year for cost inflation index (CII) for calculating capital gains from 1981-82 to 2001-02. This would in most cases be beneficial for tax payers. The CII for base year 2001-02 is taken as 100 and CII of FY 2019-20 is 289. Download: Excel based Calculator for Capital Gains Tax …

Cost Inflation Index for FY 2019-20 is 289 Read More »