CII

CII Predicts 6.4-6.7% GDP Growth for FY2026; Calls for GST Overhaul

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CII Predicts 6.4-6.7% GDP Growth for FY226; Calls for GST Overhaul

CII Forecasts 6.4-6.7% GDP Growth for FY26, Advocates for Simplified 3-Tier GST New Delhi, India – The Confederation of Indian Industry (CII) is projecting a robust 6.4-6.7% growth for India’s Gross Domestic Product (GDP) in the upcoming financial year (FY26). This optimistic outlook is primarily fueled by strong domestic demand, though the newly appointed CII … Read more

FY 2025-26 Tax Planning: The Significance of CII 376

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FY 2025-26 Tax Planning: The Significance of CII 376

The Income Tax Department has set the Cost Inflation Index (CII) for the financial year 2025-26 at 376. This crucial index helps taxpayers determine long-term capital gains (LTCG) on asset sales by adjusting the original purchase cost for inflation. The announcement was made on July 1, 2025, and the new index will be effective from … Read more