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Financial Year শব্দের বাংলা অর্থ: আর্থিক বছর
Financial Year Meaning In Bengali আর্থিক বছর
Financial Year
আর্থিক বৎসর,
Definition
1) The financial year is a one-year period used by businesses and organizations for financial reporting and accounting purposes. It is typically used to track income, expenses, and financial performance over a specific period of time.
2) In the context of taxation, a financial year is the 12-month period used by governments to calculate and collect taxes from individuals and businesses. This period may or may not align with the calendar year.
3) A financial year can also refer to the fiscal year of a country or government, which is the 12-month period used for budgeting, planning, and financial management at a national level.
Examples
Financial Year Example in a sentence
1) The company's financial year ends on December 31st.
2) Our budget for the next financial year has been approved.
3) They plan to expand their operations in the upcoming financial year.
4) Sales have been steadily increasing this financial year.
5) The board will review the financial year performance during the next meeting.
6) We need to prepare the annual financial reports for the current financial year.
7) The company experienced substantial growth in the last financial year.
8) Budget planning for the next financial year is underway.
9) The financial year deadline for submitting expenses is approaching.
10) The financial year projections indicate a potential loss if sales don't improve.
Part of Speech
Financial Year (Noun)
Synonyms
Financial Year , Fiscal Year - (SYNONYM) আর্থিক বৎসর
Encyclopedia
The financial year is a one-year period used by businesses and organizations for financial reporting and accounting purposes. It is typically used to track income, expenses, and financial performance over a specific period of time.
In the context of taxation, a financial year is the 12-month period used by governments to calculate and collect taxes from individuals and businesses. This period may or may not align with the calendar year.
A financial year can also refer to the fiscal year of a country or government, which is the 12-month period used for budgeting, planning, and financial management at a national level.
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