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The fiscal year for individuals and entities to report and pay
income taxes is often known as the taxpayer's tax year or taxable
year.
The current fiscal year was adopted by the colonial
British government in 1867 to align India's financial
year with that of the British Empire.
Hindu calendar
Festivals
The government's financial year runs from 1 April to 31
March.
Year Year
independent dependent
Budgetary planning