Income Tax Dept. Raises Cost Inflation Index to 384 for FY2026-27

New Delhi: The Income Tax Department has raised the Cost Inflation Index (CII) to 384 for the financial year 2026-27, providing the updated benchmark for calculating long-term capital gains on the sale of capital assets such as immovable property, securities and jewellery.

The revised index was notified by the Central Board of Direct Taxes (CBDT). The CII enables taxpayers to adjust the purchase cost of assets for inflation while computing taxable long-term capital gains, ensuring a more accurate assessment of tax liability.