S.N. FINANCIAL YEAR C.I.I
 
1 1981-82 100
2 1982-83 109
3 1983-84 116
4 1984-85 125
5 1985-86 133
6 1986-87 140
7 1987-88 150
8 1988-89 161
9 1989-90 172
10 1990-91 182
11 1991-92 199
12 1992-93 223
13 1993-94 244
14 1994-95 259
15 1995-96 281
16 1996-97 305
17 1997-98 331
18 1998-99 351
19 1999-2000 389
20 2000-01 406
21 2001-02 426
22 2002-03 447
23 2003-04 463
24 2004-05 480
25 2005-06 497
26 2006-07 519
27 2007-08 551
28 2008-09 582
29 2009-10 632
30 2010-11 711
31 2011-12 785
 32  2012-13  852
 33  2013-14  939
 34  2014-15  1024
 35            2015-16 1081

        36                                  2016-17                                                              1125

Cost Inflation Index is used to calculate the long term capital gain. For more details please read the article “TAXATION OF CAPITAL GAINS”.

From financial year 2017-18 the base year has been shifted from financial year 1981-82 to financial year 2001-2002. It means for calculation of indexed value of assets for capital gain tax purpose the base year will be 2001-02. For example Mr. A purchased a house on 02.05.1997 for Rs. 15 lakhs and sold the same on 05.05.2017 for Rs.25 lakhs. In this case, for indexation purpose first, the fair market value of the house as on 01.04.2011 will be determined then the fair market value will be indexed after taking in to consideration the CII during financial year 2001-02 as base period.

The new Cost Inflation Index is as under (with effect from financial year 2017-18):-

S.N.                 FINANCIAL YEAR                            CII

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

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