Updates by PracticeGuru

The Department of Revenue and Central Board of Direct Taxes under The Ministry of Finance , has issued a notification numbered S.O. 2103(E) that adds the Cost Inflation Index (CII) value for the Financial Year 2024-25. The newly added CII value is set at 363.

This notification, effective from April 1, 2025, applies to the assessment year 2025-26 and subsequent years. This document is an amendment to the initial notification published on June 5, 2017, under S.O. 1790(E), specifically adding a new entry to the series of indices previously published in the Gazette of India.