Dear all Kindly let me Know about the calender Year or Financial Year . Could You explain in detail . where it is use. Thanks Nirmala Kumari Hrd
From India, Lucknow
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12From India, Lucknow
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Dear Meenu,
The calendar year starts from the 1st of January and ends on the 31st of December, whereas the financial year starts from the 1st of April and ends on the 31st of March. The usage of them is not specific, but many companies use either of them for the calculation of salaries. It is also observed that many banks and financial institutes follow the financial year only.
This is all the information I can provide. I hope it is helpful to you.
From India, Pune
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The calendar year starts from the 1st of January and ends on the 31st of December, whereas the financial year starts from the 1st of April and ends on the 31st of March. The usage of them is not specific, but many companies use either of them for the calculation of salaries. It is also observed that many banks and financial institutes follow the financial year only.
This is all the information I can provide. I hope it is helpful to you.
From India, Pune
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Hi Nirmala, Shweta is right. Most of the calculations related to HR dept are wrt to the calendar year i.e. from 01st jan to 31 st dec. Financial year starts from 1st april. thanks
From India, Pune
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From India, Pune
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Its exactly what others are describing HR works on Calendar year basis whereas Accounts dept works on Financial Year wise.
From India, Madras
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From India, Madras
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Year calendar.pdf
W.B. Income Tax for Financial Year 2011-2012.xls
TIPS FOR TAX PLANNING FOR THE FINANCIAL YEAR 2018-19.docx