24 Sep 2019

Cost Inflation Index for the FY 2019-20 is Notified as “289”

Cost Inflation Index for the FY 2019-20 is Notified as “289”

The base year for computation of fair market value of asset/Capital gain is shifted from 01.04.1981 to 31.03.2001 with effect from AY 2018-19.

The revised inflation index is as under:

Financial Year

Index

Financial Year

Index

Financial Year

Index

2001-02*

100

2007-08

129

2013-14

220

2002-03

105

2008-09

137

2014-15

240

2003-04

109

2009-10

148

2015-16

254

2004-05

113

2010-11

167

2016-17

264

2005-06

117

2011-12

184

2017-18

272

2006-07

122

2012-13

200

2018-19

280

 

     

2019-20

289