CBDT notifies 363 as Cost Inflation Index for FY 2024-25

Last updated: 25 May 2024 Follow on Google News

The Central Board of Direct Taxes (CBDT) has officially notified 363 as the Cost Inflation Index (CII) for the financial year 2024-25. This index is a crucial figure used in the calculation of long-term capital gains on the sale of assets and is essential for taxpayers when adjusting for inflation.

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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