Central Board of Direct Taxes has issued the notification for Cost inflation index(CII) for FY 2018-2019, each year CBDT declares CII so that income tax assessee can calculate the capital gain for Income tax purpose. The base year for the Cost Inflation Index is Financial Year 2001-2002, which means any property purchased before 1.04.2001, assessee has the option of taking ready reckoner rates or DLC Rate i.e. district-level committee rate or Value of Property as declared for Stamp duty calculation, for that property for calculating capital gain for income tax act 1961.
CBDT has notified Cost Inflation Index for Financial Year 2018-19 as ‘280’.
The complete chart for Cost inflation index with the base year 2001-02 to 2018-19 for the capital gain is given below.
| S. NO | Financial Year | Income Tax Cost Inflation Index |
| 1 | 2001-2002 | 100 |
| 2 | 2002-2003 | 105 |
| 3 | 2003-2004 | 109 |
| 4 | 2004-2005 | 113 |
| 5 | 2005-2006 | 117 |
| 6 | 2006-2007 | 122 |
| 7 | 2007-2008 | 129 |
| 8 | 2008-2009 | 137 |
| 9 | 2009-2010 | 148 |
| 10 | 2010-2011 | 167 |
| 11 | 2011-2012 | 184 |
| 12 | 2012-2013 | 200 |
| 13 | 2013-2014 | 220 |
| 14 | 2014-2015 | 240 |
| 15 | 2015-2016 | 254 |
| 16 | 2016-2017 | 264 |
| 17 | 2017-2018 | 272 |
| 18 | 2018-2019 | 280 |