RBI Syncs Financial Year with the Fiscal Year

News: The Reserve Bank of India (RBI) decided to will align its financial accounting year with that of the central government’s fiscal year with effect from 2020-21 Facts: Fiscal year: It is used in government accounting, which varies between countries, and for budget purposes. In India, the government’s financial year runs from 1 April to… Continue reading RBI Syncs Financial Year with the Fiscal Year

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