The financial year in the Indian economy runs from ........

General Studies (MTS) Indian Economy

The financial year in the Indian economy runs from ______.

This questions was previously asked in

SSC MTS 5th July 2022 Shift-1

1 January to 31 May

1 April to 31 March

1 June to 31 March

1 April to 30 June

- The financial year in India is from 1 April to 31 March.

- This system aligns with most businesses and government planning cycles in India.

- Option 2: 1 April to 31 March is correct. This is used for tax calculations and fiscal policies.

- Option 1: 1 January to 31 May isn't correct; there's no known financial year that follows this period.

- Option 3: 1 June to 31 March is incorrect and not standard for any fiscal cycle.

- Option 4: 1 April to 30 June is also wrong, not aligning with any recognized fiscal period.

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