CII – What it is? and How to calculate tax with it?
CII full form is the Cost Inflation Index. We can calculate the capital gain tax on real estate, gold, and debt mutual fund with CII. can you guess these numbers 100,105,109? Here, I am not asking you to do any calculations. The above numbers belong to the CII table. In addition, the above numbers belong to the Cost Inflation Index for the financial year 2001-2002, 2002-2003, and 2003-2004 respectively. Moreover, When you sell, these numbers will help you in not paying higher taxes on your real estate, gold, and debt mutual funds, Now, Let’s learn that How we can save …