Why the financial year starts in April and ends in March?
India was ruled by the Britishers(UK) for more than 150+ years. And in the United Kingdom(UK), the financial year starts from 1st April & 1st Jan. And therefore, the same concept may have been applied to India as well by the Britishers and after Independence; the Indian Govt didn’t try to change this Britishers rule. … Read more