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 […]