During the financial year 2023, the cost inflation index (CII) in India stood at 348. This was an increase from the previous year's figure of 331. The CII is used to compute an asset's inflation-adjusted cost price. It is used to assess the inflation value of assets like land, houses, jewelry etc.
Cost inflation index in India from financial years 2002 to 2024
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Income Tax Department. (October 4, 2023). Cost inflation index in India from financial years 2002 to 2024 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1360962/india-cost-inflation-index/
Income Tax Department. "Cost inflation index in India from financial years 2002 to 2024." Chart. October 4, 2023. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1360962/india-cost-inflation-index/
Income Tax Department. (2023). Cost inflation index in India from financial years 2002 to 2024. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1360962/india-cost-inflation-index/
Income Tax Department. "Cost Inflation Index in India from Financial Years 2002 to 2024." Statista, Statista Inc., 4 Oct 2023, https://www.statista.com/statistics/1360962/india-cost-inflation-index/
Income Tax Department, Cost inflation index in India from financial years 2002 to 2024 Statista, https://www.statista.com/statistics/1360962/india-cost-inflation-index/ (last visited November 22, 2024)
Cost inflation index in India from financial years 2002 to 2024 [Graph], Income Tax Department, October 4, 2023. [Online]. Available: https://www.statista.com/statistics/1360962/india-cost-inflation-index/
