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Economics2h 14m ago
The Cost Inflation Index for the upcoming tax year has been announced at 384, which will adjust asset acquisition costs for capital gains.
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India
Who
Income Tax Department
What
The Cost Inflation Index for the upcoming tax year has been announced at 384, which will adjust asset acquisition costs for capital gains.
When
Thu, 16 Jul 2026 11:05:58 GMT · 2h 14m ago
Where
India ·
Why
To adjust asset acquisition costs for capital gains tax calculations in the upcoming tax year.
The Frontline Impact
How this affects you
This announcement will affect future capital gains tax calculations for assets acquired in India. The index becomes effective from April 1, 2026.
Story chain
2 events in this thread- Economics2h 14m agoThe Income Tax Department announced the Cost Inflation Index for the upcoming tax year, setting it at 384 to adjust asset acquisition costs for capital gains.Open article
- Currently Reading2h 14m agoThe Cost Inflation Index for the upcoming tax year has been announced at 384, which will adjust asset acquisition costs for capital gains.