Financial Year Calculator - Indian Fiscal Year (April-March)
Calculate the financial year period for India starting from April 1st to March 31st.
Financial Year Planning in India
The Indian financial year runs from April 1st to March 31st. Understanding FY dates is crucial for tax planning, investment decisions, and compliance requirements. Our FY calculator helps you track important financial deadlines.
Important Financial Year Dates
- FY Start: April 1st - Begin new tax planning cycle
- Q1 End: June 30th - First quarter results
- Q2 End: September 30th - Half-yearly assessment
- Q3 End: December 31st - Third quarter review
- FY End: March 31st - Complete tax-saving investments
- ITR Deadline: July 31st - File income tax returns
Tax Planning Calendar
Use our FY calculator to plan your tax-saving investments throughout the year. Avoid last-minute rush by spreading investments across quarters and maximizing benefits under various sections like 80C, 80D, and 80G.
Assessment Year vs Financial Year
Assessment Year (AY) is the year following the Financial Year when you file returns. For FY 2023-24, the Assessment Year is 2024-25. Understanding this distinction is essential for proper tax compliance and planning.
Financial Year Tax Planning Strategy
Effective tax planning requires understanding key FY dates and deadlines. Use our income tax calculator alongside FY planning for optimal tax savings.
Quarter-wise Tax Planning
- Q1 (Apr-Jun): Start SIP investments, review previous year's tax filing
- Q2 (Jul-Sep): Mid-year portfolio review, advance tax payment
- Q3 (Oct-Dec): Tax-saving investment acceleration, bonus planning
- Q4 (Jan-Mar): Final tax-saving investments, documentation preparation
Important FY Deadlines
Key dates include ITR filing (July 31), advance tax payments (quarterly), TDS certificate issuance, and investment proof submissions. Missing deadlines can result in penalties and interest charges.
Assessment Year Planning
Understanding the relationship between Financial Year and Assessment Year is crucial for tax compliance. FY 2024-25 corresponds to AY 2025-26 for tax filing purposes.
Investment Timing Strategy
Optimize your investments by timing them correctly within the financial year. Early investments in ELSS funds and PPF accounts maximize compounding benefits while ensuring tax compliance.