Arthgyaan

Supporting everyone's personal finance journey

What is the latest Cost Inflation Index (CII) value in 2024?

This article shows the latest Cost Inflation Index (CII) value for FY 2024-25. A table of historical values is also available.

What is the latest Cost Inflation Index (CII) value in 2024?


Posted on 25 May 2024
Author: Sayan Sircar
5 mins read
📢Join 2500+ readers on WhatsApp and get new post notifications!

This article shows the latest Cost Inflation Index (CII) value for FY 2024-25. A table of historical values is also available.

What is the latest Cost Inflation Index (CII) value in 2024?

📚 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. To understand how CII models inflation, have a look at how the value of ₹1,000 has changed over the years as per CII changes.

What is the latest value of the Cost Inflation Index (CII)?

The Cost Inflation Index (CII) for FY 2024-25 (AY 2025-26) is 363. The index has increased by 4.31%.

Older CII values, to be used for assets purchased before 2001, are here: What are the historical Cost Inflation Index (CII) values since 1981?.

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.

What is the value of ₹1000 today as per the latest CII value?

The value of something that cost ₹1000 in FY 2001-02 would be around ₹ 3630 today.

Since the index started in FY 2001-02, we can think that the value of the Rupee has steadily decreased as per the change in the CII index. If the value of something was ₹100 when CII was 200, then that item should cost around ₹150 when CII rises to 300 (150 = 100 * 300/200). This is of course an approximation. The actual increase would depend on the product and the time period considered.

Also read
How do you measure the performance of an individual mutual fund?

Historical Cost Inflation Index (CII) table

Serial # Financial Year CII %ch Worth of ₹1000
1 2001-02 100 0.00% 1000
2 2002-03 105 5.00% 952
3 2003-04 109 3.81% 917
4 2004-05 113 3.67% 885
5 2005-06 117 3.54% 855
6 2006-07 122 4.27% 820
7 2007-08 129 5.74% 775
8 2008-09 137 6.20% 730
9 2009-10 148 8.03% 676
10 2010-11 167 12.84% 599
11 2011-12 184 10.18% 543
12 2012-13 200 8.70% 500
13 2013-14 220 10.00% 455
14 2014-15 240 9.09% 417
15 2015-16 254 5.83% 394
16 2016-17 264 3.94% 379
17 2017-18 272 3.03% 368
18 2018-19 280 2.94% 357
19 2019-20 289 3.21% 346
20 2020-21 301 4.15% 332
21 2021-22 317 5.32% 315
22 2022-23 331 4.42% 302
23 2023-24 348 5.14% 287
24 2024-25 363 4.31% 275

Download as CSV

Using the CII for calculating capital gains

(click to open in a new tab)
Indexed purchase price calculation using CII table

As the above table shows, it is easy to calculate the indexed purchase price. In the table above, an asset purchased in FY 2008-09 (CII = 137) and being sold in FY 2017-18 (CII = 272), will have an indexed purchase price of ₹198.54.

We have covered capital gain calculation using CII in detail here: How to use the Cost Inflation index (CII): latest value and historical rates.

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

Previous and next articles:

<p>This article gives you the latest government bond coupon rates so that you can maximize your return from these bonds.</p>
Market Data
What are the Latest Coupon Rates for Government Bonds in India?

This article gives you the latest government bond coupon rates so that you can maximize your return from these bonds.

Published: 25 May 2024

6 MIN READ


<p>This article highlights the main differences between arbitrage funds and fixed deposits in India to help investors make the best choice for their financial needs.</p>
Mutual Funds Fixed Deposit
Arbitrage Funds vs Fixed Deposits in India: Which is Better?

This article highlights the main differences between arbitrage funds and fixed deposits in India to help investors make the best choice for their financial needs.

Published: 26 May 2024

2 MIN READ


Latest articles:

<p>This article discusses the NFO of the Motilal Oswal Nifty Defence Index Fund which is the second fund tracking the Nifty Defence Index.</p>
Review Mutual Funds
Motilal Oswal Nifty Defence Index Fund NFO is now open: should you invest?

This article discusses the NFO of the Motilal Oswal Nifty Defence Index Fund which is the second fund tracking the Nifty Defence Index.

Published: 15 June 2024

5 MIN READ


<p>This article discusses the Nifty EV & New Age Automotive Index covering the EV ecosystem or new-age auto technologies in India and whether these stocks are suitable for investors.</p>
Review
NSE launches the Nifty EV & New Age Automotive Index. Should you invest?

This article discusses the Nifty EV & New Age Automotive Index covering the EV ecosystem or new-age auto technologies in India and whether these stocks are suitable for investors.

Published: 14 June 2024

7 MIN READ


Topics you will like:

Asset Allocation (21) Basics (8) Behaviour (14) Budgeting (12) Calculator (25) Case Study (6) Children (17) Choosing Investments (37) FAQ (12) FIRE (13) Fixed Deposit (9) Gold (22) Health Insurance (5) House Purchase (33) Insurance (17) International Investing (13) Life Stages (2) Loans (20) Market Data (9) Market Movements (20) Mutual Funds (50) NPS (9) NRI (19) News (20) Pension (8) Portfolio Construction (53) Portfolio Review (27) Reader Questions (8) Real Estate (7) Research (5) Retirement (38) Review (19) Risk (7) Safe Withdrawal Rate (5) Set Goals (28) Step by step (15) Tax (61)

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 is the latest Cost Inflation Index (CII) value in 2024? first appeared on 25 May 2024 at https://arthgyaan.com


We are currently at 415 posts and growing fast. Search this site:
Copyright © 2021-2024 Arthgyaan.com. All rights reserved.