Financial Year 2019-20 will end on March 31st

The Finance Ministry has clarified that FY 2019-20 will end on March 31st 2020 and FY 2020-21 will start on April 1st 2020, thereby putting an end to all the rumors doing the rounds about a possible extension.

The onset of rumors was due to misquotation of a   notification issued by the Department of Revenue, Ministry Of Finance dated 30th June 2020 related to certain amendments to the Indian Stamp Act.

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