Index Formula Notification For Free

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Instructions and Help about Index Formula Notification For Free

Index Formula Notification: simplify online document editing with pdfFiller

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Index Formula Notification Feature

Discover the Index Formula Notification feature, designed to keep you informed and in control of your data. This tool helps you track changes and updates efficiently, ensuring you never miss important information.

Key Features

Real-time notifications for index formula updates
Customizable alert settings to suit your preferences
Integration with your existing data systems
User-friendly interface for easy accessibility

Potential Use Cases and Benefits

Stay updated on critical data changes in your business environment
Enhance decision-making with timely insights
Reduce the risk of missing important updates, leading to better strategy development
Improve collaboration among team members by sharing notification insights

This feature addresses your need for precision and awareness in data management. By providing immediate alerts, it helps you respond quickly to necessary shifts. You can streamline your workflows and focus on what matters most. You will find that the Index Formula Notification feature empowers you to make informed choices with ease.

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Long term capital gain on any asset is calculated by subtracting the sale price from the inflation-indexed cost price. Illustration: For an asset purchased in 2002 for Rs. 10,000 and sold in 2014, the inflation-indexed cost price will be calculated as: (Rs 10,000 *(240 / 105)) = Rs 22,857(Approx.)
To derive the indexed cost, the seller needs to multiply the property's cost of acquisition with the cost inflation index, as notified by the tax authorities for the year of transfer. This figure then has to be divided by the cost inflation index of the year of purchase.
For computing the inflation-adjusted LTCM/LCL for assets sold between April 1, 2019, and March 31, 2020, the CII number to be used is for FY 2019-20 which is 289. Remember, in Budget 2017, then Finance Minister Arun Bailey announced the shifting of base year from 1981 to 2001.
For computing the inflation-adjusted LTCM for assets sold between April 1, 2018, and March 31, 2019, the CII number to be used is for FY 2018-19 which is 280.
Long term capital gain on any asset is calculated by subtracting the sale price from the inflation-indexed cost price. Illustration: For an asset purchased in 2002 for Rs. 10,000 and sold in 2014, the inflation-indexed cost price will be calculated as: (Rs 10,000 *(240 / 105)) = Rs 22,857(Approx.)
Indexed cost of improvement is calculated as: Indexed cost of acquisition = Cost of acquisition * Cost Inflation Index (CII) of the year in which the asset is transferred / Cost inflation index (CII) of the year in which asset was first held by the seller or 2001-02 whichever is later.
Cost of acquisition means the price at which you have purchased an asset. If you sell that asset, the result could be a gain or a loss. ... For that the cost is multiplied by the index number of the year of sale and divide it by the index number of the Yr of purchase. This amount is called the indexed COA.
Indexed cost of acquisition = cost of acquisition x cost inflation index of the year of transfer/cost inflation index of the year of acquisition. Indexed cost of improvement = cost of improvement x cost inflation index of the year of transfer/cost inflation index of the year of improvement.
Basically, the CAC can be calculated by simply dividing all the costs spent on acquiring more customers (marketing expenses) by the number of customers acquired in the period the money was spent. For example, if a company spent $100 on marketing in a year and acquired 100 customers in the same year, their CAC is $1.00.
For an asset purchased in 2002 for Rs. 10,000 and sold in 2014, the inflation-indexed cost price will be calculated as: (Rs 10,000 *(240 / 105)) = Rs 22,857(Approx.) The revised index will be applicable for calculating indexed capital gains for any asset sold in the financial year 2017-18 and onwards.

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