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In India, the financial year runs from:

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Question

In India, the financial year runs from:

Options

  • 1st April to 31st March

  • 1st July to 30th June

  • 1st October to 30th September

  • 1st January to 31st December

MCQ
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Solution

A financial year in India runs from 1st April to 31st March. The government budget is prepared for this twelve-month period, and all estimated receipts and expenditures relate to these dates.

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