Index Equation Charter For Free

Indexation means adjusting a price, wage, or other value based on the changes in another price or composite indicator of prices. Indexation can be done to adjust for the effects of inflation, cost of living, or input prices over time, or to adjust for different prices and costs in different geographic areas.

The formula for indexation can be simply derived by dividing the value of any subject good in any given year by the value of the same good in the base year, and then the result is multiplied by 100.

Indexation is the mechanism of adjusting the values of various goods, services, assets, investments, and wages based on inflation. The indexation formula is as follows: Indexation = (Goods Value in the Given Year/Goods Value in the Base Year) × 100.

The MAX function in Excel returns the highest value in a set of data that you specify. The syntax is as follows: MAX(number1, [number2], ?) Where number can be represented by a numeric value, array, named range, a reference to a cell or range containing numbers.

For example, the formula CELL("width",INDEX(A1:B2,1,2)) is equivalent to CELL("width",B1). The CELL function uses the return value of INDEX as a cell reference. On the other hand, a formula such as 2*INDEX(A1:B2,1,2) translates the return value of INDEX into the number in cell B1.

Enter the range for your rows or columns, the number of the row or column to retrieve and the number zero to signify an exact match. For example, if you want to retrieve the entire column between A2 and A10, enter "INDEX (A2:A10, 1, 0)" into the formula bar.

The CBDT has announced that the 'Cost Inflation Index (CII)' in respect of Financial Year 2023-24 (Assessment Year 2024-25) shall be 348, which has been increased from 331 announced earlier for the last financial year 2022-23.

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.