https://www.taxtmi.com/article/detailed?id=11338 The Cost Inflation Index is the annually published statutory index used to compute indexed cost of acquisition for long term capital gains. For FY 2022-23 the CII is 331. The indexed cost equals the purchase price multiplied by the ratio of the CII in the year of transfer to the CII in the year of acquisition; the long term capital gain is the sale consideration minus this indexed cost. The CII applies only to long term gains and must be the government's updated yearly figure. en-us Thu, 20 Apr 2023 10:03:48 +0530 Thu, 20 Apr 2023 10:26:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=11338 The Cost Inflation Index is the annually published statutory index used to compute indexed cost of acquisition for long term capital gains. For FY 2022-23 the CII is 331. The indexed cost equals the purchase price multiplied by the ratio of the CII in the year of transfer to the CII in the year of acquisition; the long term capital gain is the sale consideration minus this indexed cost. The CII applies only to long term gains and must be the government's updated yearly figure. Articles Corporate Laws / IBC / SEBI Thu, 20 Apr 2023 10:03:48 +0530 https://www.taxtmi.com/article/detailed?id=11338