Mumbai, July 2 -- The Income Tax Department has notified the Cost Inflation Index or CII for the current financial year 2025-26 (for assessment year 2026-27). The CII for the financial year 2025-26 has been notified at 376 and will be used to compute the indexed cost of acquisition for assets sold in FY 2025-26. This new index number will take effect on April 1, 2026. The CII stood at 363 in previous year.
Published by HT Digital Content Services with permission from Capital Market....
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