Under Section 55 of the Indian Income Tax Act, the Fair Market Value (FMV) of a property as of April 1, 2001, serves as the base acquisition cost for indexation. This guide explains how to track down the 2001 Ready Reckoner Rate (RRR) without paying expensive upfront database fees, how to estimate it, and alternative pathways to stay tax-compliant. Why the 2001 Ready Reckoner Rate is Essential
How is the ready reckoner rate calculated? * Multiply the built-up area (in sq. metres) by the ready reckoner rate of that area. * Bajaj Finserv Ready Reckoner | Mumbai | Thane | Palghar | Raigad | Pune ready reckoner rate mumbai 2001 free