Financial Year

Any update on extending the financial year since the normal year ending process is difficult due to COVID 19
Replies (5)
Quick Summary
The financial year (FY) is not being extended despite difficulties caused by COVID-19. While some news suggested potential changes, the standard April-March business calendar remains in place. The FY for citizens continues to be April 2019 to March 2020, with the new fiscal year starting as usual on April 1st.

No...
FY not extending...
Any representations from institute or CII to MCA made
No dear...
Period of FY is same. No more extension...
Some of the news says RBI is deciding the same as Jun-May can't confirm.
But, Business calendar is same as Apr-Mar.

The FY for the citizens of the Country is still April 2019 to March 2020. 

No
The beginning of the fiscal year (2020-21) would begin normally on April 1

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