July 27, 2014 Tax Planning admin

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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December 21, 2013 Stocks, Mutual Funds, Etf's etc admin

Investors can take advantage of Investing in Double Indexation FMP's

Fixed Maturity Plans are closed ended funds and are available as NFO’s. They are open for very short periods of time (generally 4 – 5 days). FMP’s are ideal tax saving vehicles and suited for investors in the highest tax brackets, who are conservative, looking to park lump sum funds for about 1-2 years, in return […]

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February 20, 2013 Tax Planning admin

Time to take double indexation benefit ~ From Now until March 2013

  It is that time of the year when you have a window of opportunity to intelligently invest for just over 1 year and get tax free returns. The opportunity arises every year from mid-feb until financial year ending i.e March 31 You need to invest in Fixed Maturity Plans (FMP’s) of more than 14 months […]

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October 18, 2012 Stocks, Mutual Funds, Etf's etc, Tax Planning admin

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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