Saturday, 25 August 2012

Cost of Inflation Index

Notification No.35/2011 dated 23.06.2011

Notification of Cost Inflation Index for F.Y 2011-12

Clause (v) of Explanation to section 48 defines "Cost Inflation Index", in relation to a previous year, to mean such index as the Central  Government may; by notification in the Official Gazette, specify in this behalf, having regard to 75% of average rise in the Consumer Price Index for urban Non-manual employees.

Accordingly, the Central Government has, in exercise of the powers conferred by clause(v) of Explanation to section 48, specified the Cost Inflation Index for the Financial Year 2011-12 as 785.


Financial Year
Cost Inflation Index
Financial Year
Cost Inflation Index
1981-82
100
1997-98
331
1982-83
109
1998-99
351
1983-84
116
1999-00
389
1984-85
125
2000-01
406
1985-86
133
2001-02
426
1986-87
140
2002-03
447
1987-88
150
2003-04
463
1988-89
161
2004-05
480
1989-90
172
2005-06
497
1990-91
182
2006-07
519
1991-92
199
2007-08
551
1992-93
223
2008-09
582
1993-94
244
2009-10
632
1994-95
259
2010-11
711
1995-96
281
2011-12
785
1996-97
305
2012-13

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