Question: Pakistan Fiscal Year Starts From
- 1st September
- 1st January
- 1st April
- 1st July
Answer: 1st July
Pakistan Fiscal year Starts from 1st July
Beginning and ending months for a country’s accounting period is known as the fiscal year. It is truly available for accounting purpose. The accounting purpose continues with the preparation financial statements. It is totally different than a calendar year. It is all about the tax purpose with the internal revenue service (IRS). Fiscal year taxpayers re-evaluated with the start and end of the period. Ledge valuation is based on the whole year financial worth
The discussion of the budget is known paradigm here on this page. It means the date is going to compare the previous year financial performance and current year financial performance over time. It is period of 12 months ending with every month. Adjustments to the deadlines may be considering FY in certain ways. About 48 weeks fiscal year considered in Pakistan.