The financial year in India runs from:

April 1 to March 31

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July 1 to June 31

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Jan 1 to Dec 31

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Oct 1 to Sep 31

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Solution

The correct option is A April 1 to March 31
The period in which income is earned is called a financial year. In India, the financial year follows the April 1 - March 31 cycle. The Union Budget is presented in the Parliament in February so it can be realised before the beginning of the financial year.

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