https://www.taxtmi.com/highlights?id=90093 The Central Government amended Notification No. 44/2017 through Notification No. 70/2025 dated July 1, 2025, exercising powers under section 48 of the Income-tax Act, 1961. The amendment inserts a new entry in the Cost Inflation Index table, establishing the index value of 376 for Financial Year 2025-26. This notification becomes effective from April 1, 2026, and applies to Assessment Year 2026-27 and subsequent years. The Cost Inflation Index is utilized for computing long-term capital gains under the Income-tax Act, providing taxpayers with the prescribed indexation factor for adjusting acquisition costs of capital assets to account for inflation during the relevant assessment periods. en-us Thu, 03 Jul 2025 17:35:27 +0530 Thu, 03 Jul 2025 17:35:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=90093 The Central Government amended Notification No. 44/2017 through Notification No. 70/2025 dated July 1, 2025, exercising powers under section 48 of the Income-tax Act, 1961. The amendment inserts a new entry in the Cost Inflation Index table, establishing the index value of 376 for Financial Year 2025-26. This notification becomes effective from April 1, 2026, and applies to Assessment Year 2026-27 and subsequent years. The Cost Inflation Index is utilized for computing long-term capital gains under the Income-tax Act, providing taxpayers with the prescribed indexation factor for adjusting acquisition costs of capital assets to account for inflation during the relevant assessment periods. Highlights Income Tax Thu, 03 Jul 2025 17:35:27 +0530 https://www.taxtmi.com/highlights?id=90093