why financial year is from April to march, not the calender year.?
459417
I'd have to guess that it has to do with the Income Tax deadline of April 15.  Now, I'm going to check that out, because it is a very interesting question!  :)\n\nHere's what I got:\n\nThe 'Lectric Law Library's Legal Lexicon On\n* Fiscal Year *\n\nFISCAL YEAR - This is an accounting year, i.e. when the books for the year are opened and closed. It can coorespond to the calander year or be say, July 1 to June 30, as many governments have it.\n\nThe accounting period for which annual financial statements are regularly prepared, generally a period of 12 months, 52 weeks, or 53 weeks.\n\nFinancial operations of the federal government are carried out in a 12-month fiscal year, beginning on Oct. 1 and ending on Sept. 30. The fiscal year carries the date of the calendar year in which it ends. (From fiscal year 1844 to fiscal year 1976, the fiscal year began July 1 and ended the following June 30.)
749725
ASSESMENT YEAR\n`Assessment Year’ is the period of 12 months commencing from the 1st date of April and ending on the 31st day of March next year. `Previous Year’ is the financial year immediately preceding the assessment year. For instance, the current assessment year is A.Y.2001-2002 which starts from 1st  April 2001 and ends on 31st March 2002. The previous year relevant to this assessment year would be the financial year 2000-2001 starting from 1st April 2000 and ending on 31st March 2001. As the income of the previous year is to be taxed in the assessment year, the income of financial year 2000-2001 will be taxed in Assessment Year 2001-2002. Likewise, income of F.Y.2001-2002 will be taxed in A.Y.2002-2003\n\nFINANCIAL YEAR\nA fiscal year (or financial year or accounting reference date) is a 12-month period used for calculating annual ("yearly") financial reports in businesses and other organizations. In many jurisdictions, regulatory laws regarding accounting require such reports once per twelve months, but do not require that the twelve months constitute a calendar year (i.e. January to December).\n\nA new company or business has to decide at the beginning on which month its fiscal year will start. In the United States, the business' tax year is the same as its fiscal year, and must file its tax return by the 15th day of the third month following the fiscal year end. That is, if the fiscal year ends on December 31, then the return is due by March 15. The financial results presented to shareholders are therefore a "photograph" of company's accounts at the accounting reference date.
566080
This is probably just a quirk of that calendar company.  It is not an "official" rule, but may apply to the people who had the calendar printed, or the company that printed it.
313556
Because having the year start in January is relatively recent, and has to do with centering the calendar around Christ. In pagan cultures, like the Greeks who created Astrology, the vernal equinox was the beginning of the new year. This usual fall on or about March 21, so April 1 was the New Year Day. After the calendar change, Christians called all OLD believers fools. Hence "April Fools Day". If you don't believe it, look it up!
444190
Depends upon the source of the large sum. In most cases, it's 2006, not 2005.
149877
Spring - March\nSummer - June\nFall - September\nWinter - December
868727
Yes it is!\n\nAs far as the holiday schedule, you can go to any of the websites to find that out (amex.com, nyse.com, and so on). \n\nHere's a listing of the holidays for 2006.\n\nNew Year's Day Jan 2 (2006) \nMartin Luther King, Jr. Day January 16 \nPresidents' Day February 20 \nGood Friday April 14 \nMemorial Day May 29 \nIndependence Day July 4 \nLabor Day September 4 \nThanksgiving Day November 23 \nChristmas Day (observed) December 25 \n\nPossible Early Closures: \nDay After Thanksgiving November 24 (1:00) \n\nHope that helps!
1096964
this year it started April 1st and next year it should start around the same time
1102057
Thirty days has September, April, June and November all  the rest has thirty one except February which has twenty eight or twenty nine in a leap year. So that means...... there is no February the 30th. srry dude you don't have a birthday.
412350
It's because it's the new financial year, they re-evaluate everyone, they don't tell you that they're going to do it, they don't ask you for any more information, they just seem to guess. Good Luck.
911861
No, there is  24 hours over the period of 4 years which we dont account for on a daily basis but it gets added to our calender every 4 years & that year would be called a leap year. The day it falls on would be 29th February which will not be present for the other 3 years.
880563
the end of Feb is the last day you can buy them and  claim them for the previous years return\nthey give u 2 extra months each year to buy them
366634
It gives us our months of the year
282082
Have you tried Microsoft Word? Go under File, New and there should be a template to create a calender for what ever month you want. They even have different layouts.
218198
No.  It will go on 2006 taxes.  April is not when the tax year ends.  It is the deadline for filing, because it takes some people time to get all the paperwork together, do the calculations, and get the money together.
543284
Apr. \n\nActually, May is the month that is too short to abbreviate.
530789
Its not mothers day overhere in the UK that was in March.