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03Jul 2025

CBDT Hikes CII to Cut Capital Gains Tax Load

CBDT RAISES COST INFLATION INDEX TO EASE CAPITAL GAINS TAX BURDEN Why in the News? CBDT update: The Cost Inflation Index (CII) has been revised to 376 for FY26, up from 363 in FY25. This adjustment by the Income Tax Department aims to provide relief in capital gains taxation. Taxpayer relief: A higher CII reduces …

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UPSC Prelims 2026 Live Paper Discussion & Detailed Answer Key Analysis


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