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These property sellers may need to re-compute advance tax after delayed release of Cost Inflation Index for tax year 2026-27; here’s what to do - The Economic Times
Individuals who have sold property acquired on or before July 23, 2024 and sold it between April 1, 2026 and June 15, 2026 and wants to use indexation benefit to pay a lower net tax can face issues if advance tax is not correctly paid as CII is released late; Know what to do
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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.
