Wednesday, June 15, 2022

Cost inflation index for FY 2022-23 used for LTCG calculation notified

In a notification dated June 15, 2022, the Central Board of Direct Taxes (CBDT) announced the cost inflation index (CII) for FY 2022-23. The Cost Inflation Index for FY 2022-23, which applies to the fiscal year 2023-24, is 331.

from Tax-Wealth-Economic Times https://ift.tt/lMj3p7X

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