Cost Inflation Index (CII): FY 2019-20 (AY 2020-21) for LTCG Indexation Calculation (Updated)

The Cost Inflation Index (CII) for the Financial Year (FY 2019-20) and Accounting Year (AY 2020-21) is 289. For the previous FY 2018-19, CII was 280. The CII is used to notify the rate of inflation for indexation purpose in…