Question

Vaxsha
6. The government is considering about changing financial year period from April to March
What is the proposed new hinancial year penal'​

Answer 1

Answer:

It's FY 2020-21 will start on 1 July 2020 and be for 9 months upto 31st March 2021. There after, all FY will start on April 1 every year, aligned with the government, RBI said. Earlier finance minister Nirmala Sitharaman addressed the Directors of the Central Board.