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5 Mins read
•GeneralHow Cost Inflation Index Affects Your Tax Liabilities?

Summary
This article thoroughly explains India's Cost Inflation Index (CII), detailing how it adjusts the cost basis of assets to lower long-term capital gains tax liabilities. It thoroughly explains indexation formulas and underscores key government considerations. Effective indexation empowers taxpayers to optimize tax management and strategically invest in enduring financial ventures.