35
Economics2h 9m ago

The 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.

India

Who
Income Tax Department
What
The 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.
When
Thu, 16 Jul 2026 11:05:58 GMT · 2h 9m ago
Where
India ·
Why
To adjust asset acquisition costs for capital gains calculations in the upcoming tax year.
The Frontline Impact

How this affects you

This index, effective April 1, 2026, will impact future capital gains tax calculations for assets acquired in India.

Story chain

2 events in this thread
  1. Currently Reading2h 9m ago
    The 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.
  2. Economics2h 9m ago
    The Cost Inflation Index for the upcoming tax year has been announced at 384, which will adjust asset acquisition costs for capital gains.
    Open article

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