CBDT Notified Cost Inflation Index for F. Y. 2016-17 is 1125

The Government of India, Ministry of Finance (Department of Revenue), Central Board of Direct Taxes published in the Gazette of India, Extraordinary Notification No. 42 /2016/F.No.142/5/2016-TPL dated 02-06-2016 the Cost Inflation Index for Financial Year 2016-17 which is 1125.

The cost of inflation index (CII) has been notified by the Central Government every year by notification in the Official Gazette. The cost of acquisition/improvement will, thus, be indexed with reference the rate of applicable for the relevant year. The Cost of Inflation Index is mainly used to compute Long term capital gain.

Financial Year

Cost of Inflation Index (CII)

2016 – 17

1125

2015 – 16

1081

2014 – 15

1024

2013 – 14

939

2013 – 14

939

2012 – 13

852

2011 – 12

785

2010 – 11

711

2009 – 10

632

2008 – 09

582

2007 – 08

551

2006 – 07

519

2005 – 06

497

2004 – 05

480

2003 – 04

463

2002 – 03

447

2001 – 02

426

2000 – 01

406

1999 – 00

389

1998 – 99

351

1997 – 98

331

1996 – 97

305

1995 – 96

281

1994 – 95

259

1993 – 94

244

1992 – 93

223

1991 – 92

199

1990 – 91

182

1989 – 90

172

1988 – 89

161

1987 – 88

150

1986 – 87

140

1985 – 86

133

1984 – 85

125

1983 – 84

116

1982 – 83

109

1981 – 82

100

Tag: Cost Inflation Index 2016-17, Cost Inflation Index 2015-16, CII,Cost Inflation Index

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