Cost of Inflation Index for FY 2016-17

Cost of Inflation Index for FY 2016-17

On 2nd June, 2016, CBDT notified the Cost of Inflation Index for FY 2016-17. Let us try to identify the changes and how it affects your tax calculation for long-term capital gains. What is the meaning of short-term capital asset and long-term capital asset? Based on...