New Cost Inflation Index: Tax Benefits for Select Few

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New Cost Inflation Index: Tax Benefits for Select Few

The Central Board of Direct Taxes just cranked up the Cost Inflation Index to 384 for FY2026-27! This means some lucky taxpayers can lower their long-term capital gains tax by considering inflation. But watch out! This time, only a select few can cash in on these benefits after the new rules rolled out. So, do your math before filing, folks!