Cost Inflation Index
In the long run the cost of materials rises, leading to a decline in the purchasing power of cash.
If one unit of a commodity can be bought for Rs 100 today, then tomorrow one unit can be bought for Rs 200 due to devaluation in purchasing power.
The Cost Inflation Index (CII) is used to know the current real price of any commodity from year to year.
| Financial Year | Assessment Year | Cost of Inflation Index (CII) |
|---|---|---|
| 2001-02 | 2002-03 | 100 |
| 2002-03 | 2003-04 | 105 |
| 2003-04 | 2004-05 | 109 |
| 2004-05 | 2005-06 | 113 |
| 2005-06 | 2006-07 | 117 |
| 2006-07 | 2007-08 | 122 |
| 2007-08 | 2008-09 | 129 |
| 2008-09 | 2009-10 | 137 |
| 2009-10 | 2010-11 | 148 |
| 2010-11 | 2011-12 | 167 |
| 2011-12 | 2012-13 | 184 |
| 2012-13 | 2013-14 | 200 |
| 2013-14 | 2014-15 | 220 |
| 2014-15 | 2015-16 | 240 |
| 2015-16 | 2016-17 | 254 |
| 2016-17 | 2017-18 | 264 |
| 2017-18 | 2018-19 | 272 |
| 2018-19 | 2019-20 | 280 |
| 2019-20 | 2020-21 | 289 |
| 2020-21 | 2021-22 | 301 |
| 2021-22 | 2022-23 | 317 |
| 2022-23 | 2023-24 | 331 |
| 2023-24 | 2024-25 |
