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Financial Year Calculator

As of Tuesday, November 10, 2026, the current financial year in India is FY 2026-27, running from Wednesday, April 1, 2026 to Wednesday, March 31, 2027. Today is day 224 of 365 (61% complete), with 141 days left. The matching assessment year is AY 2027-28.

About This Calculator

The financial year calculator tells you which financial year (FY) any date falls in and how far through that year you are. It opens on today's date, so you can see the current financial year straight away, and you can enter any other date to check it.

In India the financial year runs from 1 April to 31 March and is written as a pair of years — the year it starts and the year it ends. So the period from 1 April 2026 to 31 March 2027 is FY 2026-27. Income earned in a financial year is assessed in the following assessment year; FY 2026-27 corresponds to assessment year 2027-28.

For any date you choose, the calculator shows the financial year label, the exact start and end dates, which fiscal quarter the date falls in (Q1 is April–June), how many days into the year it is, and how many days remain. That makes it useful for tax planning, closing the books, tracking how much of the year is left to hit a target, or simply settling which FY a transaction belongs to.

The date sits at the heart of the answer: a date on or after 1 April belongs to the financial year beginning that April, while a date in January, February, or March belongs to the financial year that began the previous April. The calculator handles that boundary automatically, and because the maths runs in a timezone-safe way, the same date always returns the same financial year.

Other countries and organisations start their year on a different date, so use the Financial year convention menu to switch: India (1 April), the UK tax year (6 April), Australia (1 July), the US federal fiscal year (1 October, named for the year it ends — FY2027 starts 1 October 2026), a plain calendar year, or a custom start month and day for a company with its own year-end.

To use it, read today's financial year on load, or pick a date and press Find the financial year. For other countries, see the UK tax year, Australian financial year, and US fiscal year calculators; to count the days between two dates within a year, the days between dates calculator does that.

The current financial year at a glance

  • Current financial year: FY 2026-27
  • Starts: Wednesday, April 1, 2026
  • Ends: Wednesday, March 31, 2027
  • Today: day 224 of 365 (61% of the year has passed)
  • Days left: 141
  • Quarter: Q3
  • Assessment year (India income tax): AY 2027-28
  • Next financial year starts: Thursday, April 1, 2027

How It Works

  1. Choose a date (defaults to today).
  2. Click “Find the financial year”.
  3. See which financial year it falls in, the start and end dates, and how far through you are.

Formula & Methodology

The result is worked out as follows:

FY = the year window containing the date; progress = days elapsed ÷ total days

The financial year is the 1 April – 31 March window that contains the date: if the date is on or after 1 April it belongs to the year starting that April, otherwise to the year that started the previous April. Days elapsed is counted from 1 April to the date; days remaining runs to 31 March; the quarter is the three-month block from the FY start.

Read the full methodology — how we calculate every result →

Worked Examples

For 16 August 2026, the result is FY 2026-27 (1 Apr 2026 – 31 Mar 2027), Q2.

For 15 March 2026, the result is FY 2025-26 — the previous financial year.

For 1 April 2026, the result is Day 1 of FY 2026-27.

For 16 August 2026, Australia (1 Jul), the result is FY 2026-27, Q1 (1 Jul 2026 – 30 Jun 2027).

For 20 November 2026, US federal (1 Oct), the result is FY2027, Q1 (1 Oct 2026 – 30 Sep 2027).

Frequently Asked Questions

What is the current financial year in India?

The Indian financial year runs 1 April to 31 March. A date in, say, August 2026 falls in FY 2026-27, which runs from 1 April 2026 to 31 March 2027.

What is the difference between financial year and assessment year?

The financial year is when income is earned; the assessment year is the following year, when that income is assessed and taxed. Income of FY 2026-27 is assessed in AY 2027-28.

Can I use a different financial year start date?

Yes. Use the Financial year convention menu to pick India, the UK tax year, Australia, the US federal fiscal year or a calendar year, or choose Custom and enter your own start month and day. The label, start and end dates, quarter and days left all follow the convention you choose.

Which quarter is a date in?

Fiscal quarters run from the start of the financial year: Q1 is April–June, Q2 July–September, Q3 October–December, and Q4 January–March.