Work DirectoryListing Details
ID:40158
Title:Cost Inflation Index, How to calculate Indexed cost of acquisition
URL:https://www.goodmoneying.com/cost-inflation-index-cost-of-acquisition/
Category:Finance and Money: Stock Market
Description:Cost Inflation Index is announced by the central government for every financial year, after referring to the CPI (Consumer Price Index) for the immediately preceding year. In simple language, Cost Inflation index factors in the change of inflation in capital assets year on year. While calculating long-term Capital gains tax government has allowed adjusting the cost price of the capital asset with the inflation numbers through Cost Inflation Index, and come up with the Indexed cost of acquisition of that capital asset. Now to calculate the actual gain, one has to deduct the indexed cost of acquisition rather than the original cost of the asset to come out with the Profit number.
Meta Keywords:Cost inflation Index, capital asset, indexed cost of acquisition Capital Gain, Indexation Table, Calculate long term capital gain tax
Meta Description:Cost inflation Index, capital asset, indexed cost of acquisition Capital Gain, Indexation Table, Calculate long term capital gain tax
Link Owner:goodmoneying
 

  • Latest Links

    Make More Money Make More Sales Join ShareASale

    E-Commerce Is Booming. All Affiliate Marketers And Online Merchants: Make More Money! Make More Sales! Join ShareASale Today! Click On The Link To Signup. - Read more

    Sales Training International

    Sales Training International is the leading provider of sales training, including virtual training courses. Whether you're looking for traditional sales training, business coaching, web chat training or even lean six sigma certifications, we are here to help your business. - Read more

    Skid Steer Tracks

    Offering premium rubber replacement Skid Steer Tracks for loaders, excavators, and heavy equipment operators. Shipping all across the United States for FREE! Taxes are included in our up-front pricing. Secure checkout. Fast delivery! - Read more

    CJ Sports

    CJ Sports is one of the UK's leading suppliers of sports equipment and track installation. Based in Leicestershire, they offer high-quality track installation and sports equipment to schools, businesses, sports clubs, leisure centres and many more. - Read more

    Taylor Pickering

    Taylor Pickering is an award-winning plumbing business based in Leicester. They offer servicing, emergency repairs, electrical, heating and plumbing services - Read more

    •