Cost Inflation Index for the FY 2022-23 AY 2023-24
Introduction Cost Inflation Index is a term used in the context of income tax in India. It refers to the index that helps taxpayers determine the inflation-adjusted purchase price of an asset, which in turn is used to calculate capital gains. The government of India announces the Cost Inflation Index every year, which is applicable for the upcoming financial year. This article will help you...
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