Calculators
Indian Fiscal Year
Indian Fiscal Year is part of Toolspire and is ready as soon as this page loads. The year runs from 1 April to 31 March. January belongs to the financial year that started the previous April. Calendar Q1 is a different page.
On this page
What you can do here
The April boundary
One day changes the label: 31 March versus 1 April.
The January trap
People write FY 2026 for a January 2026 invoice. The financial year is still 2025-26.
No tax computation
The income-tax page estimates tax. This page only names the year.
The sequence
How to use the Indian Fiscal Year
- 1
Pick 15 January 2026
The label is FY 2025-26.
- 2
Pick 1 April 2026
The label moves to FY 2026-27.
- 3
Use the quarter page for January-as-Q1
That is the calendar, not the books.
Worth knowing
- Indian Fiscal Year on Toolspire: 15 January 2026 is FY 2025-26.
- 1 April 2026 is FY 2026-27. April starts the new financial year.
- 31 March 2026 is still FY 2025-26. The year ends that day.
- Calendar quarters are not renumbered here. January is not called Q1 of the financial year on this page.
The books turn on 1 April
India’s financial year runs from 1 April to 31 March. A date in January, February or March belongs to the year that started the previous April, so 15 January 2026 is FY 2025-26. On 1 April 2026 the label becomes FY 2026-27. The page applies that cut and does not compute tax, and it does not call January “Q4” even though many finance teams do. The calendar quarter page keeps that other numbering.
FAQ
Questions about Indian Fiscal Year
Where does Indian Fiscal Year run?
What financial year is 15 January 2026?
What financial year is 1 April 2026?
What about 31 March 2026?
Is January Q4?
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