A financial year is a period during which your taxes and Income are computed. Whatever you earn during this period or pay as tax is calculated on the basis of Indian Income-tax rules and later you need to file your Income-tax return.
Financial Year is considered from the 1st of April of a year to the 31st of March of next year. For example, FY 2022-23 means it starts on the 1st of April 2022 and ends on the 31st of March 2023.
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3 comments
KITSONS Kundapur Chirag Public School opposite Syndicate Bank and second floor132/a
131/a
22000 my salary
Monthly salary 22,000 can income 8,000 above
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