India's Central Board of Direct Taxes has set the Cost Inflation Index at 384 for the financial year 2026-27. This index is pivotal in gauging the inflation-driven changes in costs over time. Annually published through gazette notices, it pertains to long-ter…
India's direct tax body has notified the Cost Inflation Index (CII), a tool to measure the rise in cost due to inflation, for fiscal year ending March 31, 2027, at 384.The Central Board of Direct Tax…