LEGAL & FINANCIAL UPDATES 02.06.2009

UPDATES FROM TAX GURU Cost Inflation Index meaning and Index for all the years Posted: 01 Jun 2009 10:12 AM PDT What is Cost Inflation Index(CII)? It is a measure of inflation that finds application in tax law, when computing long-term capital gains on sale of assets. Section 48 of the Income-Tax Act defines... Gold Price in India will be uniform in all markets soon Posted: 01 Jun 2009 09:43 AM PDT The days of spot prices of gold differing from one city to another will soon be over. The launch of the Indian Bullion Market Association, which will represent the Indian bullion trade and industry,... With Regards,  CA Sandeep Kanoi  Website: http://www.taxguru. in/  Get LEGAL & FINANCIAL UPDATES FROM TAX GURU delivered by email

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