This index, set at '376', is a critical component in the calculation of long-term capital gains ... The process of using the ...

As per latest CPI-industrial worker data, the central government employees and pensioners are likely to receive a DA hike of ...

CII is used under Section 48 of the Income Tax Act, which outlines how to calculate capital gains when an asset is sold. It provides the indexation benefit, allowing taxpayers to adjust the purchase ...

This article offers a top-down analysis of the S&P 500 Index based on sector metrics versus historical averages. Read the ...

The rationale is that long-term capital gains on assets such as land and buildings should apply only to real profits, excluding gains purely due to inflation.