TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Notifications
of of All Notifications
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Cost Inflation Index Released: Financial Years 1981-82 to 1993-94 for Capital Gains Adjustment under Income-tax Act</h1> The Central Government, under the powers of the Income-tax Act, 1961, has released Notification No. S.O.489(E) dated July 5, 1993, specifying the Cost Inflation Index for financial years 1981-82 to 1993-94. This index is calculated based on seventy-five percent of the average rise in the Consumer Price Index for urban non-manual employees. The index starts at 100 for the year 1981-82 and increases annually, reaching 244 for the year 1993-94. This index is used to adjust the cost of acquisition for capital gains calculations under the Income-tax Act.
TaxTMI 
TaxTMI 
