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Income Tax Department sets cost inflation index for FY 2025-26, key for LTCG tax

The Income Tax Department has officially announced the Cost Inflation Index (CII) for the financial year 2025-26. This index, set at '376', is a critical component in the calculation of long-term ...
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Cost Inflation Index (CII) for FY 2025-26 (AY 2026-27) notified by Income Tax Department: Know its applicability for LTCG tax calculation

The rules for calculating long-term capital gains (LTCG) have changed, but the Cost Inflation Index (CII) is still required in certain scenarios to determine the income tax liability. The Income Tax ...