New Cost Inflation Index vs Old : How Does it Affect Your Tax on LTCG ?

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CBDT has notified the new Cost Inflation Index (CII) as enacted under the Finance Act 2017. The issue for the present post is whether the new cost inflation index allows you to claim more capital tax exemption than the amount computed under old CII . That is whether the new CII computes low capital gains and therefore beneficial to you . The conclusion is affirmative . Watch the video and then read how you can actually benefit out of it .

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