Cost inflation index calculator excel
- how cost inflation index is calculated
- how consumer price index is calculated
- cost inflation index
- inflation how is it measured
Cost inflation index table pdf
How to calculate indexed cost of acquisition.
Cost inflation index (CII) for FY 2024-25 to calculate capital gains
Cost Inflation Index for the Financial Year 2024-25
The CBDT (Central Board of Direct Taxes) used to release the CII annually to help calculate the indexed acquisition cost for assets sold during the financial year.
The Cost Inflation Index (CII) for the financial year 2024-25 was 363. However, with the new amendments, CBDT will no longer release the CII.
Also Read: Section 80C: Income tax deduction and limits under section 80C, 80CCD in 2024
Cost Inflation Index historical data: From 2001 to 2024
The base year for the Cost Inflation Index was changed from 1981 to 2001 by the CBDT.
This means that the CII for the financial year 2001-02 is considered 100, and the indices for subsequent years are calculated relative to this base.
Here is the Cost Inflation Index (CII) from FY 2024-25 to FY 2001-02:
| Financial Year | Cost Inflation Index (CII) |
|---|---|
| 2024-25 | 363 |
| 2023-24 | 348 |
| 2022-23 | 331 |
| 2021-22 | 317 |
| 2020-21 | 301 |
| 2019-20 | 289 |
| 2018-19 | 280 |
| 2017-18 | 272 |
| 2016-17 | 264 |
2015-
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