Arthgyaan

Supporting everyone's personal finance journey

What are the historical Cost Inflation Index (CII) values since 1981?

This article lists the historical Cost Inflation Index (CII) values since 1981 which are to be used for capital gains tax calculation for assets purchased before 2001.

What are the historical Cost Inflation Index (CII) values since 1981?


Posted on 21 Nov 2023
Author: Sayan Sircar
8 mins read
šŸ“¢Join 2300+ readers on WhatsApp and get new post notifications!

This article lists the historical Cost Inflation Index (CII) values since 1981 which are to be used for capital gains tax calculation for assets purchased before 2001.

What are the historical Cost Inflation Index (CII) values since 1981?

šŸ“š Topics covered:

Understanding the Cost Inflation Index

The Cost Inflation Index (CII) is a number published by the Central Board of Direct Taxes (CBDT) for every financial year that is used to calculate capital gains on selling a capital asset like real estate, mutual funds, stocks or bonds.

The CII figure is published at the beginning of every financial year. It is used to rebase the purchase price of a capital asset, utilising the concept of indexation. The CII figure may be taken as a proxy for inflation.

The incometax website has CII data from 1981 onwards. In this article we have shown the CII values since 1981 so that you can calculate the capital gains tax for assets purchased before 2001. Please note that the formal guidance, as per income tax laws, is to use the fair market value of the asset in 2001, as per the report from an approved assessor for capital gain tax purpose.

Historical Cost Inflation Index (CII) table from 1981 to 2016

Serial # Financial Year CII %ch
1 1981-82 100 0.00%
2 1982-83 109 9.00%
3 1983-84 116 6.42%
4 1984-85 125 7.76%
5 1985-86 133 6.40%
6 1986-87 140 5.26%
7 1987-88 150 7.14%
8 1988-89 161 7.33%
9 1989-90 172 6.83%
10 1990-91 182 5.81%
11 1991-92 199 9.34%
12 1992-93 223 12.06%
13 1993-94 244 9.42%
14 1994-95 259 6.15%
15 1995-96 281 8.49%
16 1996-97 305 8.54%
17 1997-98 331 8.52%
18 1998-99 351 6.04%
19 1999-00 389 10.83%
20 2000-01 406 4.37%
21 2001-02 426 4.93%
22 2002-03 447 4.93%
23 2003-04 463 3.58%
24 2004-05 480 3.67%
25 2005-06 497 3.54%
26 2006-07 519 4.43%
27 2007-08 551 6.17%
28 2008-09 582 5.63%
29 2009-10 632 8.59%
30 2010-11 711 12.50%
31 2011-12 785 10.41%
32 2012-13 852 8.54%
33 2013-14 939 10.21%
34 2014-15 1024 9.05%
35 2015-16 1081 5.57%
36 2016-17 1125 4.07%

Download as CSV

Source: https://incometaxindia.gov.in/Documents/Cost-Inflation-Index-upto-FY-2016-17.htm

This data is now superseded by a new series from 2001 onwards: How to use the Cost Inflation Index (CII): latest value and historical rates.

Did you know that we have a private Facebook group which you can join for free and ask your own questions? Please click the button below to join.

How to merge the old and new CII series data?

We have taken the CII data table from both 1981 and 2001 and continued the 1981 series using the same percentage changes in the new series from 2017 onwards. The merged table looks like this:

Serial # Financial Year CII %ch
1 1981-82 100 0.00%
2 1982-83 109 9.00%
3 1983-84 116 6.42%
4 1984-85 125 7.76%
5 1985-86 133 6.40%
6 1986-87 140 5.26%
7 1987-88 150 7.14%
8 1988-89 161 7.33%
9 1989-90 172 6.83%
10 1990-91 182 5.81%
11 1991-92 199 9.34%
12 1992-93 223 12.06%
13 1993-94 244 9.42%
14 1994-95 259 6.15%
15 1995-96 281 8.49%
16 1996-97 305 8.54%
17 1997-98 331 8.52%
18 1998-99 351 6.04%
19 1999-00 389 10.83%
20 2000-01 406 4.37%
21 2001-02 426 4.93%
22 2002-03 447 4.93%
23 2003-04 463 3.58%
24 2004-05 480 3.67%
25 2005-06 497 3.54%
26 2006-07 519 4.43%
27 2007-08 551 6.17%
28 2008-09 582 5.63%
29 2009-10 632 8.59%
30 2010-11 711 12.50%
31 2011-12 785 10.41%
32 2012-13 852 8.54%
33 2013-14 939 10.21%
34 2014-15 1024 9.05%
35 2015-16 1081 5.57%
36 2016-17 1125 4.07%
37 2017-18 1159 3.03%
38 2018-19 1193 2.94%
39 2019-20 1232 3.21%
40 2020-21 1283 4.15%
41 2021-22 1351 5.32%
42 2022-23 1411 4.42%
43 2023-24 1483 5.14%

Download as CSV

What's next? You can join the Arthgyaan WhatsApp community

You can stay updated on our latest content and learn about our webinars. Our community is fully private so that no one, other than the admin, can see your name or number. Also, we will not spam you.

To understand how this article can help you:

If you have a comment or question about this article

The following button will open a form with the link of this page populated for context:

If you liked this article, please leave us a rating

The following button will take you to Trustpilot:

Discover an article from the archives

Worked out case studies for goal-based investing

Previous and next articles:

<p>This article shows you how to buy gold in small amounts over years for a childā€™s wedding goal.</p>
Gold Children
What is the best way to accumulate gold for your child's wedding?

This article shows you how to buy gold in small amounts over years for a childā€™s wedding goal.

Published: 19 November 2023

8 MIN READ


<p>This article explains the concept of the stock SIP that allows you to buy shares automatically on a regular basis.</p>
Portfolio Construction
What is a stock SIP? Should you have one?

This article explains the concept of the stock SIP that allows you to buy shares automatically on a regular basis.

Published: 22 November 2023

2 MIN READ


Latest articles:

<p>This article shows how quickly you can pay off your home loan, and even save a lot of interest, by increasing your EMI steadily year-on-year.</p>
House Purchase Loans
How much time and interest do you save if you pay off your home loan using a step-up EMI?

This article shows how quickly you can pay off your home loan, and even save a lot of interest, by increasing your EMI steadily year-on-year.

Published: 1 May 2024

4 MIN READ


<p>This article explores the probabilities of gold price movement, both up and down, from current price levels.</p>
Gold Market Movements
Gold touched ā‚¹75,000 per 10 gm. Should you buy gold or sell gold at this point?

This article explores the probabilities of gold price movement, both up and down, from current price levels.

Published: 28 April 2024

3 MIN READ


Topics you will like:

Asset Allocation (21) Basics (8) Behaviour (12) Budgeting (12) Calculator (25) Case Study (6) Children (17) Choosing Investments (40) FAQ (12) FIRE (13) Gold (22) Health Insurance (5) House Purchase (30) Insurance (16) International Investing (12) Life Stages (2) Loans (18) Market Data (7) Market Movements (17) Mutual Funds (46) NPS (7) NRI (19) News (18) Pension (8) Portfolio Construction (53) Portfolio Review (27) Reader Questions (8) Real Estate (7) Research (5) Retirement (38) Review (15) Risk (6) Safe Withdrawal Rate (5) Set Goals (28) Step by step (15) Tax (59)

Next steps:

1. Email me with any questions.

2. Use our goal-based investing template to prepare a financial plan for yourself.

Don't forget to share this article on WhatsApp or Twitter or post this to Facebook.

Discuss this post with us via Facebook or get regular bite-sized updates on Twitter.

More posts...

Disclaimer: Content on this site is for educational purpose only and is not financial advice. Nothing on this site should be construed as an offer or recommendation to buy/sell any financial product or service. Please consult a registered investment advisor before making any investments.

This post titled What are the historical Cost Inflation Index (CII) values since 1981? first appeared on 21 Nov 2023 at https://arthgyaan.com


We are currently at 396 posts and growing fast. Search this site:
Copyright Ā© 2021-2024 Arthgyaan.com. All rights reserved.