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Why India’s financial year starts on April 1, and not January The financial year coincides with the major crop cycle—farmers plant in June-July, harvest by October-March. ... While the US and much of ...
Financial Changes Effective April 1, FY 2024-25As the financial year 2023-24 draws to a close, significant financial amendments are poised to reshape personal finance from April 1, marking the ...
As the new financial year begins today, on April 1, 2025, we take a look at what changes for UPI payments, GST rates, income tax slabs, bank balance, TDS, LPG cylinder prices, and more.
By then, our calendar was out of step by 11 days and so it was that after the taxes had been paid on March 25 1752, 11 days were removed from the calendar and the new tax year started on April 5 1752.
Calendar Year vs. Fiscal Year . A calendar year always runs from January 1 to December 31. A fiscal year, by contrast, can start and end at any point during the year, as long as it comprises a ...
A corporation that starts its fiscal year on May 1 will conclude its fiscal year on April 30 of the following calendar year. However, some companies use 52-week and 53-week fiscal year calendars ...
A fiscal quarter is a three-month time span in a business’s financial year that it uses to report earnings and pay dividends. A quarter refers to one-fourth of a year and is typically expressed ...
As the new financial year begins today, on April 1, 2025, we take a look at what changes for UPI payments, GST rates, income tax slabs, bank balance, TDS, LPG cylinder prices, and more.