New Delhi, July 17 -- The Central Board of Direct Taxes (CBDT) has notified the Cost Inflation Index (CII) at 384 for FY2026-27, a key number used to calculate indexed cost for eligible long-term capital gains.

While Budget 2024 largely did away with indexation for long-term capital assets, the benefit has not disappeared entirely. A limited category of taxpayers selling certain immovable properties can still opt for the old tax regime with indexation if it results in a lower tax outgo.

This makes the annual CII notification relevant for taxpayers planning to sell eligible properties during FY2026-27.

The option to choose between the old and new capital gains tax regimes is available only in specific cases.

"After Budget 2024, the com...