Back to feeds

Sameer Patel

Stealth • 7m

Cost Inflation Index The Cost Inflation Index (CII) helps adjust the purchase price of an asset to account for inflation, making it easier to calculate capital gains tax fairly in India. The government updates the CII every year. Example: If you bought a property for ₹10 lakhs in 2005 (CII = 117) and sold it in 2023 (CII = 331), you adjust the purchase price using CII: ₹10 lakhs * (331/117) = ₹28.29 lakhs. This means, for tax purposes, your purchase price is considered ₹28.29 lakhs, reducing your taxable gain to ₹1.71 lakhs (sale price ₹30 lakhs - adjusted price ₹28.29 lakhs).

0 replies15 likes

Recommendations from Medial

Hiral Jain

Stealth • 7m

Greetings everyone! So in a previous post, I spoke about the tax system let's take a deep dive into it! India follows a progressive taxation system, i.e. tax is imposed on their income, but this isn't fair, especially for paid employees! It's becau

13 replies14 likes

SHIV DIXIT

Stealth • 1m

🎯 Top 130 Most Consumed Financial Terms in business or startup World 🌎 ( Part - 2 ) 131. Bootstrapping 132. Co-Founders 133. Angel Round 134. Crowdsourced Funding 135. Strategic Alliance 136. Business Incubator 137. Accelerator 138.

1 replies26 likes

SHIV DIXIT

Stealth • 1m

🎯 200 Most Consumed Financial Terms In Business And Startup World 🌍 Part ( 5 ) 801. Sustainable Competitive Advantage 802. Price Target 803. Consensus Estimate 804. Closed-End Fund 805. Open-End Fund 806. Private Placement 807. Book

3 replies12 likes

Dhanush R

Stealth • 1m

NTPC Green Energy IPO: NTPC Green Energy, a subsidiary of NTPC, plans to raise Rs. 10,000 Crores by issuing 92.59 crore fresh shares in its IPO. The price band for shares is set between Rs. 102 to Rs. 108, with the subscription period running

5 replies2 likes

SHIV DIXIT

Stealth • 1m

🎯 Top 130 Most Consumed Financial Terms In Business or Startup World 🌍 ( PART - 1 ) 1. EBITDA 2. ROI 3. Revenue 4. Profit Margin 5. Cash Flow 6. Net Income 7. Gross Profit 8. Operating Expenses 9. Balance Sheet 10. Income State