In India the fiscal year (Accounting year) starts from:
a. 28th February b.1st April c. 30th April d. 20th March
Answers
Answered by
1
Answer:
(B) 1 APRIL
Explanation:
In India, the government's financial year runs from 1 April to 31 March
Answered by
1
Answer:
In India fiscal year starts from April 1st
Explanation:
The income relies upon the estimation of the yields that are harvested in the period of February and March. Thus, two months of span give government idea whether the revenue is going to increase/decrease. Hence it is one of the main reasons why the financial year is taken from April to March.
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