India Fiscal Year Calendar
Country code IN · Currency INR · 4 public holidays tracked
- Naming convention
- Labelled by the calendar year in which the fiscal year starts.
- First fiscal month (FM1)
- April
- Quarter alignment
- Q1: April–June · Q4 ends March
- Source
- Ministry of Finance, Government of India
About the India fiscal year
India's fiscal year runs April 1 through March 31, a convention inherited from British colonial administration in 1867. The Union Budget is presented annually in February for the coming fiscal year. Despite periodic proposals to align with the calendar year, the April–March cycle remains in force.
For accountants and budget planners working on this calendar, the fiscal year runs from April 1 through March 31. The first fiscal month (FM1) corresponds to April; the fourth quarter ends on the last day of March. Year-end close, audit windows, and budget kickoff all anchor to those dates rather than to January and December. For a deeper introduction to fiscal-year mechanics, see our primer on fiscal years and the historical background on why fiscal years differ across countries.
Below you'll find printable monthly templates for every fiscal month, quarterly breakdowns, the country-specific deadline schedule, and a holiday calendar mapped onto the fiscal year so you can see where each public holiday falls relative to your reporting cycle.
Key fiscal deadlines — India
These are the recurring statutory and operational dates that drive the India fiscal calendar. Use them as fixed anchors when scheduling close milestones, audit walkthroughs, board meetings, and budget reviews.
| Date | Event | Notes |
|---|---|---|
| Apr 1 | Fiscal year begins | Government and most companies use April–March (FY = AY-1). |
| Jul 31 | ITR deadline (individuals) | Income tax returns due for non-audit cases. |
| Sep 30 | Audit case ITR deadline | Tax audit u/s 44AB threshold filers. |
| Oct 31 | Transfer pricing audit | Form 3CEB filing deadline. |
| Mar 15 | 4th advance-tax instalment | Final advance-tax payment for FY closing March 31. |
| Mar 31 | Fiscal year ends | Year-end close, GST reconciliation cutoff. |
Planning tips for India
- India distinguishes Financial Year (Apr–Mar) from Assessment Year (the calendar year following the FY) — most filings reference both.
- The April–March year is inherited from British colonial administration (Bombay-Bengal Act 1867).
- GSTR-9 annual return is due December 31 of the assessment year — nine months after FY close.
Choose a fiscal year
FY labels follow the year-start convention: a fiscal year is identified by the calendar year in which it begins. Each link opens the full year-at-a-glance with all twelve fiscal months on one page.
Monthly templates
Each printable monthly template uses the standard Sunday-start week grid with India public holidays highlighted. Click through to print or save a clean copy. Templates are labelled FM1–FM12 in fiscal-year order, not calendar-year order.
FM1 · April
FM2 · May
FM3 · June
FM4 · July
FM5 · August
FM6 · September
FM7 · October
FM8 · November
FM9 · December
FM10 · January
FM11 · February
FM12 · March
Quarterly breakdowns
Each quarter spans three fiscal months. Quarterly templates are useful for board reporting, mid-year reforecasts, and quarter-end variance reviews.
Public holidays — India
Holidays are listed in calendar order. On every monthly template they appear shaded in the grid with a short label, and each holiday name links to a dedicated page with observance notes and fiscal-month placement.
| Date | Holiday | Notes |
|---|---|---|
| January 26 | Republic Day | National holiday commemorating the adoption of the Constitution of India in 1950.… |
| August 15 | Independence Day | National holiday marking India's 1947 independence from British rule.… |
| October 2 | Gandhi Jayanti | National holiday on the birth anniversary of Mahatma Gandhi.… |
| December 25 | Christmas | National holiday across India.… |