Why Financial Year Is Different From Calendar Year. For over 150 years, india’s financial year has begun on april 1 and ended on march 31. The 2024/25 financial year will then end on saturday, april 5, 2025.
The calendar year begins on the. That’s correct of course—but it’s not the only.
A Fiscal Year Is A Standard Set Of Periods Used To Prepare Annual Financial Statements For Reporting And Tax Purposes.
Australia’s fy starts on july 1 and ends on june 30.
That’s Correct Of Course—But It’s Not The Only.
Why choose a calendar year over a fiscal year?
Instead, A Fiscal Year Ends 12 Months After It Begins.
Images References :
Why Use A Different Fiscal Year?
The financial year in india begins on april 1 and ends on march 31.
Updated Mar 8, 2022 At 3:27Pm.
The financial year is the time period where income is earned.