The answer is pretty simple. You already know inflation is always there (practically speaking). That the cost of things keeps rising. The Cost Inflation Index is calculated to adjust and match the prices to the inflation rate, and more importantly for calculating the estimated increase in the p...
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 ...
Short Term Capital Gains(or STCG) on Debt funds are taxed as per the investor’s marginal income tax slab rate. Long Term Capital Gains(or LTCG) on Debt funds is taxed at 20% with indexation benefits. Now, what is this indexation benefit that is available for taxation of LTCG from Debt...