As per the latest notification by the government for the Cost Inflation Index (CII) for FY 2022-23. The CII Number for FY 2022-23 (AY 2023-24) is 331. While for the previous year, the Cost Inflation Index (CII) for FY 2021-22 and the CII Number for FY 2021-22 (AY 2022-23) w...
Suppose you invest in a debt fund in February 2020 and plan to remain invested for ‘about 3 years’. Now if you redeem the debt fund in April 2023, it will allow you to use 4 indexation adjustments (namely of Financial years 2020-21, 2021-22, 2022-23 and 2023-24). So by holding...