The CII is used to notify the rate of inflation for indexation purposes in India every financial year. And for this current CIIC series, the base year has been considered as 2001-02 (Do note that in the Union Budget of 2017, the base year for CII had been shifted from 1981 to 2001)....
For Long term Capital Gains for debt mutual fund units, the tax rate are: Either 10% without Indexation OR 20% with Indexation. Holding period is more than 12 months. For long-term gains on property, gold etc the tax rate is 20% with indexation of cost. Long term capital gains from ...