The Government of India notifies cost inflation index for the financial year 2016-17. Each year the government notifies cost inflation index. This is the tool of inflation year wise rise and it is very helpful in calculating long term capital gains.
The cost inflation index for the financial year 2016-17 is 1125.
These are the cost inflation index for the last 35 years which also an important factor to know as we need both the purchasing year CII and selling year CII for calculations.
|
Financial Year
|
Cost Inflation
index(CII)
|
|
2016-17
|
1125
|
|
2015-16
|
1081
|
|
2014-15
|
1024
|
|
2013-14
|
939
|
|
2012-13
|
852
|
|
2011-12
|
785
|
|
2010-11
|
711
|
|
2009-10
|
632
|
|
2008-09
|
582
|
|
2007-08
|
551
|
|
2006-07
|
519
|
|
2005-06
|
497
|
|
2004-05
|
480
|
|
2003-04
|
463
|
|
2002-03
|
447
|
|
2001-02
|
426
|
|
2000-01
|
406
|
|
1999-2000
|
389
|
|
1998-99
|
351
|
|
1997-98
|
331
|
|
1996-97
|
305
|
|
1995-96
|
281
|
|
1994-95
|
259
|
|
1993-94
|
244
|
|
1992-93
|
223
|
|
1991-92
|
199
|
|
1990-91
|
182
|
|
1989-90
|
172
|
|
1988-89
|
161
|
|
1987-88
|
150
|
|
1986-87
|
140
|
|
1985-86
|
133
|
|
1984-85
|
125
|
|
1983-84
|
116
|
|
1982-83
|
109
|
|
1981-82
|
100
|
