COST INFLATION INDEX - CII- FOR FINANCIAL YEAR 2016-17 IS 1125 - MYREALITY.In, Real Estate, Share Market, Mutual Fund, Insurance
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Sunday, June 12, 2016

COST INFLATION INDEX - CII- FOR FINANCIAL YEAR 2016-17 IS 1125

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


COST INFLATION INDEX - CII- FOR FINANCIAL YEAR 2016-17 IS 1125 Reviewed by S. Chitra on June 12, 2016 Rating: 5 CBDT Notified Cost Inflation Index for F Y 2016-17 is 1125 The Government of India, Ministry of Finance (Department of Revenue), Central...

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