-
July 14, 2025
Cost Inflation Index for Financial Year 2015-16
It may be noted that Budget 2017/ Finance Act 2017 has proposed amendments in provisions relating to indexation for the purpose of determining long term capital gains. Base year has been shifted from FY 1981-82 to FY 2001-02. In respect of assets acquired prior to 1 Apr 2001, the assess now has the option to use FMV/ Indexed Cost of Acquisition for arriving at the figure of long term capital gains. It’s likely that investors in property will stand to gain in most of the cases with shifting of the base year for the purpose of indexation.
CBDT has notified the Cost Inflation Index (CII) for Financial Year 2015-16 at 254, with new Base Year 2001-02 (cost inflation index=100).
Know CII for all years at once place here.
Need help in filing your Income tax return? Get experts help at ebizfiling.com.
About Ebizfiling -
May 23, 2026 By Steffy A
Section 393(3) Income Tax Act 2025: TDS on Cash Withdrawal Introduction The Income-tax Act 2025 introduces a restructured tax framework aimed at simplifying and consolidating various TDS provisions. One such important provision is Section 393(3), which deals with TDS on […]
May 23, 2026 By Steffy A
Updated Income Tax Compliance Calendar June 2026 Introduction Keeping track of the Income Tax compliance calendar can be quite confusing and tricky. At Ebizfiling, we help businesses understand and manage their compliance requirements, which is essential for running a business […]
May 23, 2026 By Steffy A
Latest Income Tax Changes 2026: Taxpayers Complete Guide Introduction Every year, tax rules change a little, and that’s usually when the confusion starts. A small change in Latest income tax changes 2026 such as deductions, filing rules, or tax rates […]