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The Economic Times
The Economic Times
Business
Sneha Kulkarni

Cost Inflation Index: How it can help you file your income tax return

Inflation capital gains Income Tax Department the Income Tax Department Income Tax

The Income Tax Department has notified the Cost Inflation Index (CII) which is used by taxpayers to calculate the inflation-adjusted cost of certain capital assets while computing long-term capital gains tax relevant to the tax year 2026-27.

The CII for the tax financial year 2026-27 has been notified as 384. This figure (384) will be used to compute the indexed cost of acquisition for assets sold in TY 2026-27. This new index number will take effect on April 1, 2026.

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