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Showing posts with label Financial Year will end on 31st March 2020. Show all posts
Showing posts with label Financial Year will end on 31st March 2020. Show all posts

Tuesday 31 March 2020


 
The Ministry of Finance issued a clarification that the Financial Year has not been extended. The clarification was issued to clear the confusion about the extension of the Financial Year caused after a notification was released by the Government of India about the amendments in the Indian Stamp Act. After the notification was released many people misquoted it and a fake news was circulated on social media regarding the extension of the Financial Year. However, the government later made it clear that the notification is being misquoted and it does not talk about the extension of the Financial Year but pertains to amendment in the Indian Stamp Act.