Cost Inflation Index for FY 2023-24

CBDT has notified the Cost Inflation Index for Financial Year 2023-24 vide Notification No. 21/2023 dated 10th April, 2023. The Cost Inflation Index for FY 2023-24 relevant to AY 2024-25 & subsequent years is 348.

The complete chart giving Cost Inflation Index (CII) as notified by the Central Government is as under:

212021-22317

SR No Financial Year Cost Inflation Index
1 2001-02 100
2 2002-03 105
3 2003-04 109
4 2004-05 113
5 2005-06 117
6 2006-07 122
7 2007-08 129
8 2008-09 137
9 2009-10 148
10 2010-11 167
11 2011-12 184
12 2012-13 200
13 2013-14 220
14 2014-15 240
15 2015-16 254
16 2016-17 264
17 2017-18 272
18 2018-19 280
19 2019-20 289
20 2020-21 301
21 2021-22 317
22 2022-23 331
23 2023-24 348

The link for the notification notifying the Cost Inflation Index for FY 2023-24 is as follows:

Check the Notification

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