Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
CBDT Notifies Cost Inflation Index For Assessment Year 2025-26 At 363
Income Tax
The Central Board of Direct Taxes (CBDT) has announced the final Cost Inflation Index (CII) for Assessment Year 2025-26 as 363, effective from April 1, 2025, onwards. This index is crucial for computing long-term capital gains on assets like property, stocks, patents, etc. For the preceding Assessment Year 2024-25, the CII stood at 348. \r
The CII table serves as a vital tool for determining the inflation-adjusted purchase price, thus impacting the taxable capital gains upon asset sale or transfer.
