Index Number For Fy 2025 24. CBDT notifies 348 as Cost Inflation Index for FY 202324 The ministry has issued a notification through CBDT on 24 May 2024 under notification number 44/2024. For instance, if Rs 1,00,000 could purchase two units of goods today, tomorrow the same amount might only be able to buy one unit due to inflation.
Cost Inflation Index Notified for FY 202425 Rediff Moneynews from money.rediff.com
What is the Cost Inflation Index (CII) for the Financial Year (FY 2024-25) and AY 2025-26? For instance, if Rs 1,00,000 could purchase two units of goods today, tomorrow the same amount might only be able to buy one unit due to inflation.
Cost Inflation Index Notified for FY 202425 Rediff Moneynews
44/2024-Income-Tax on May 24, 2024, detailing the Cost Inflation Index (CII) for the financial year 2024-25 i.e The final Cost Inflation Index (CII) for the financial year 2025 has been notified by the Ministry of Finance The CII Number for the current and the last 5 financial years is Fy2023-24 (CII s 348), FY2022-23 (CII is 331), FY2021-22 (CII is 317), FY2020-21 (CII is 301), and FY2019-20 (CII is.
Property Indexation Chart For Fy 2023 24 Image to u. The notification, effective from April 1, 2025, applies to the. Cost Inflation index also called Capital gain index is used to calculate the indexed cost of acquisition for long-term capital gain tax
Updated TDS Rate Chart for FY 202425 (AY 202526). Question: What is Cost Inflation Index for FY 2024-25? Cost Inflation Index for Financial Year 2024-25 (AY 2025-26) is 363 New Cost of Inflation Index (CII) come into force w.e.f