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India's direct tax body notifies Cost Inflation Index for this fiscal year
India's Central Board of Direct Taxes has set the Cost Inflation Index at 384 for the financial year 2026-27. This index is pivotal in gauging the inflation-driven changes in costs over time. Annually published through gazette notices, it pertains to long-term capital assets sold.
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economictimes.indiatimes.com
India's direct tax body notifies Cost Inflation Index for this fiscal year
India's Central Board of Direct Taxes has set the Cost Inflation Index at 384 for the financial year 2026-27. This index is pivotal in gauging the inflation-driven changes in…
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thehindubusinessline.com
Govt raises cost inflation index for FY27 to 384, lowering long-term capital gains tax
The Cost Inflation Index for FY27 is set at 384, potentially lowering long-term capital gains tax on land and property.
