On 12-Jun-2020, the cost inflation index for FY2020-21 was notified as 301.
Cost inflation index for Financial Year 2020-21
For computing certain long term capital gains, the cost can be adjusted for the inflation and for that purpose, the Central Board of Direct Taxes notifies the cost inflation index every financial year.
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Thanks for sharing useful Information with me and it's very helpful. David Beckworth had a very interesting pair of posts outlining how QE would only have had a meaningful effect on the economy if the associated monetary base growth was permanent.
One addendum I'd add on the topic is that even permanent expansions of the monetary base can have no effect on the economy. The best example of this is the "cashing up" of the Reserve Bank of New Zealand (RBNZ) in 2006, an event that doesn't get the attention that it deserves in monetary lore . Being Best CA coaching Centre in bangalore One of the Leading Coaching Centres in bangalore for Chartered Accountancy.
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