# Cost of Inflation Index Chart from Year 1981-82 to 2013-14

Check Cost of Inflation Index Chart from Year 1981-82 to Year 2013-14. Each Year Central Board of Direct Taxes (CBDT) issues the Inflation index for the year based on the inflation in the India for income tax purpose, this Cost of Inflation is used in calculating the index value of capital assets, so that index value can be used as Current Cost of Capital asset and net Long Term Capital Gain can be calculated. Cost of Inflation Index for Year 2012-2013 is 852 and  Cost of Inflation Index for Year 2013-2014 is 939. Also read Rate of Income Tax on Sale of  Capital Assets

 Fin. Year Index Fin. Year Index 1981-82 1982-83 1983-84 1984-85 1985-86 1986-87 1987-88 1988-89 1989-90 1990-91 1991-92 1992-93 1993-94 1994-95 1995-961996-971997-98 100 109 116 125 133 140 150 161 172 182 199 223 244 259 281 305331 1998-991999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-132013-14 351389 406 426 447 463 480 497 519 551 582 632 711 785 852939

Example: How to Calculate Index Cost of Asset

If a assess purchased a house for Rs 200000 on 25th December 1988 and sellout for Rs.1000000 on 20 the December 2012 the computation will be as follows :

 Sale consideration: 1000000 Less Cost of Acquisition^ 945783 Capital gain: 54217

*200000/166*785 =945783

Latest Update: Cost of Inflation Index for Year 2012-2013 is 852

## One thought to “Cost of Inflation Index Chart from Year 1981-82 to 2013-14”

1. Md. Sofiqul Islam says:

Please update me every time regarding updates in Circulars, Rules, Acts, Bills, etc. of Central Government both for Direct & Indirect Taxation in my valid email ID.