Tag Archives: Debt Funds

Latest Cost of Inflation Index March 2014 & Double indexation benefits.

Cost of Inflation Index upto FY 2013-14. (The year mentioned is financial year(FY)  The cost of inflation index is useful for income-tax assesses in the computation of tax on long-term capital gains (for indexation purposes). In the previous two years, the cost inflation index rose 10 per cent and 12.5 per cent, respectively. A cost inflation index helps reduce the […]

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Increase in Dividend Distribution Tax from June 01 2013 in Debt Mutual Funds – Impact

. In the FY14 Budget the Finance Minister has proposed to increase the Dividend Distribution Tax (DDT) on Debt Mutual Funds (other than liquid and money market funds on which the DDT was already 25%) from 12.5% to 25% (plus surcharge and cess) for individuals and HUFs. The hike is proposed to provide uniform taxation for […]

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Cost of Inflation Index AY 2012-13 ~ Long term Capital Gains ~ Double Indexation

COST INFLATION INDEX TABLE – FINANCIAL YEAR 1981-82 ONWARDS: Assessment Year (AY) Financial Year (FY) Cost Inflation Index (CII) 2014-15 2013-14 – 2013-14 2012-13 852 2012-13 2011-12 785 2011-12 2010-11 711 2010-11 2009-10 632 2009-10 2008-09 582 2008-09 2007-08 551 2007-08 2006-07 519 2006-07 2005-06 497 2005-06 2004-05 480 2004-05 2003-04 463 2003-04 2002-03 447 […]

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