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The Income Tax Department has announced the Cost Inflation Index for the current fiscal year beginning April 2023, which will be used to calculate long-term capital gains from the sale of immovable property, stocks, and jewellery. <br>

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  1. HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS ECONOMIC Top Stories Promoting Online Safety with WhatsApp’s Stay Safe Campaign The I-T Department Announces the Cost In?ation Index for FY23  Home - Economic - The I-T Department Announces the Cost In?ation Index for FY23 Search here ...  Latest Update RECENT POPULA R COMMO N  April 12, 2023 India a land of opportunities, says FICCI president  April 12, 2023 RAS received $1.5 Million in Pre- series A Funding Round Economic  April 11, 2023 By Gurpreet Kaur  2 days ago  0  27  1 minute read  April 12, 2023 Investment Strategies of Top Indian Life Insurance Companies in March 2023 Facebook Twitter           The Income Tax Department has announced the Cost In?ation Index for the current ?scal year beginning April 2023, which will be used to calculate long-term capital gains from the sale of immovable property, stocks, and jewellery.    April 12, 2023 Taxpayers use the Cost In?ation Index (CII) to calculate pro?ts from the sale of capital assets after correcting for in?ation.    Promoting Online Safety with WhatsApp’s Stay Safe Campaign According to a Central Board of Direct Taxes notice, the Cost In?ation Index for FY 2023-24 applicable to AY 2024-25 was 348. (CBDT).   Typically, the income tax agency informs CII in June. The CII number was 331 in the previous ?scal year and 317 in the ?scal year 2021-22.   Most Viewed Expert Statements    February 15, 2023 According to AMRG & Associates Senior Partner Rajat Mohan, the CII will assist taxpayers in calculating long-term capital gains tax and remitting advance tax on time.    Adani Group equities are the Subject of This Week  The tax department noti?es this year’s cost of in?ation index three months earlier than the previous ?scal year. Taxpayers can now calculate and pay the appropriate advance tax on long-term gains in the ?rst quarter of the ?scal year 2023-24, Mohan added.    March 3, 2023 Every year, the CII, or Cost In?ation Index is published under the Income-tax Act of 1961. It is commonly used to compute the “indexed cost of acquisition” for computing capital gains when selling a capital asset.    VCs’ ?xation with start-ups’ topline, says CEO of Infosys HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING STARTUPS MARKETS To qualify as ‘long-term capital gains,’ an asset must be held for more than 36 months (24 months for immovable property and unlisted shares, 12 months for listed securities).   ECONOMIC  January 31, 2023 

  2. IHC investment leads Adani Enterprises shares to boost by 5%   Because goods prices rise over time, resulting in a loss of buying power, the CII is used to calculate taxable long-term capital gains by determining the in?ation-adjusted purchase price of assets. (LTCG).   You can share this post!  February 20, 2023           Adani Enterprises Shares Must Increase by up to 410% to Reach their 52- week Highs  Previous article In FY22, India’s top IT startups Burn through Billions of dollars in Cash to Expand Next article  Birla Health Insurance Launches #JumpForHealth Campaign  February 27, 2023 Related Articles M-cap of the Adani Group falls below the Rs 7 lakh crore threshold  ECONOMIC ECONOMIC ECONOMI  March 3, 2023 Buy Adani Group Stocks, Advises ICICIdirect   India a land of opportunities, says FICCI president Birla Health Insurance Launches #JumpForHealth Campaign RBI is Exp Rate on… Most Reviews  April 12, 2023  April 10  April 11, 2023 RECENT POPULA R COMMO N Leave a Reply  April 12, 2023 India a land of opportunities, says FICCI president Your email address will not be published. Required ?elds are marked * Comment *  April 12, 2023 RAS received $1.5 Million in Pre- series A Funding Round  April 12, 2023 Investment Strategies of Top Indian Life Insurance Companies in March 2023 Name * Email * POST COMMENT Newsletter STARTUPS HOME CAMPAIGNS DIGITAL MEDIA FUND RAISING MARKETING MARKETS Subscribe to our mailing ECONOMIC 

  3. list to get the new updates!  Subscribe our newsletter to stay updated Your email a  About Indiabiz Recent Post Popular Categories Trending Post  April 12, 2023 Campaigns Digital Media Adani Group equities are the Subject of This Week  India a land of opportunities, says FICCI president Economic Fund Raising Marketing Markets Politics Startups  April 12, 2023 RAS received $1.5 Million in Pre-series A Funding Round Uncategorized VCs’ ?xation with start-ups’ topline, says CEO of Infosys  April 12, 2023 Investment Strategies of Top Indian Life Insurance Companies in March 2023 IHC investment leads Adani Enterprises shares to boost by 5%   © Copyright Indiabiz.live 2022. Designed and Developed by Indiabiz 

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