Money word, in plain English ← Back to all terms
Financial year (FY)
India's money and tax year, from April to March.
Example. FY25 means April 2024 to March 2025.
A financial year, often shortened to FY, is the 12 month period a country uses for money and tax. In India it runs from 1 April to 31 March. So FY25 is the year from April 2024 to March 2025. News reports and government data usually count money over a financial year, not a calendar year.
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