Cost Inflation Index for Financial Year 2024-25 (AY 2025-26): 363

The Central Board of Direct Taxes (CBDT) has officially notified that the Cost Inflation Index for the Financial Year 2024-25 (Assessment Year 2025-26) is 363. This index is crucial for computing Long term capital gain. You can view or download the Gazette notification here.

What is Cost Inflation Index?

The Cost Inflation Index is set by the Government of India in the official Gazette to measure inflation. It is primarily used in the calculation of long-term capital gains related to the sale of assets. By indexing the cost of acquisition or improvement with the reference rate applicable for the year, it reflects the actual value of the asset at present market rates considering inflation erosion. If an asset was purchased before 1981, the cost inflation index of 1981 (100) should be considered.

Using Cost Inflation Index in Tax Planning

Cost Inflation Index is a valuable tool for tax planning as it helps in tax saving by adjusting the purchase price of assets sold with the current market prices. This indexing process accurately captures the gains and saves on taxes.

Cost Inflation Index Data

Financial Year	Cost Inflation Index
2023-24	348
2022-23	331
2021-22	317
2020-21	301
2019-20	289
2018-19	280
2017-18	272
2016-17	264

To determine the Purchase Price of Assets sold using the Cost Inflation Index, the following formula can be used:

Purchase Price of Asset Sold x [CII for the year the asset was transferred or sold ÷ CII for the year the asset was acquired or bought]

For more details on Cost Inflation Index and its application, you can refer to the official Government notifications.

Introduction

In this article, we will discuss the various benefits of incorporating regular exercise into your daily routine. Exercise is not only crucial for maintaining physical health, but it also has numerous mental and emotional benefits. By making exercise a priority, you can improve your overall well-being and quality of life.

Physical Health

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Mental Well-being

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Weight Management

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Social Connections

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Conclusion

Incorporating regular exercise into your daily routine can have numerous benefits for your physical, mental, and emotional well-being. By prioritizing physical activity and finding activities that you enjoy, you can improve your overall health and quality of life. Whether you prefer running, weightlifting, yoga, or dancing, finding ways to move your body regularly is essential for your long-term wellness. Start small and gradually increase your activity level to reap the many benefits that exercise has to offer.

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