Tax terminology in India has changed with the new Income Tax Act, 2025. From 1 April 2026, the term “Tax Year” replaces “Previous Year,” while the term “Assessment Year” is discontinued for the new tax framework. For example, income earned during FY 2026–27 will be referred to as Tax Year 2026–27. Understanding such changes can help women stay informed about their taxes and make better financial decisions. #lakshme #financialeducationforwomen #financialliteracyworkshop #financialliteracy #womenempowerment #financialeducationinindia #financialempowermentforwomen #buddyforfinance #financebuddyforwomen #lakshmebffwomen #empowermentwomen #womenfinancialliteracy 🌐 Learn more: https://www.lakshme.com/⁠
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From Financial Year to Tax Year: A Change to Remember

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Tax terminology in India has changed with the new Income Tax Act, 2025. From 1 April 2026, the term “Tax Year” replaces “Previous Year,” while the term “Assessment Year” is discontinued for the new tax framework.

For example, income earned during FY 2026–27 will be referred to as Tax Year 2026–27.
Understanding such changes can help women stay informed about their taxes and make better financial decisions.


#lakshme #financialeducationforwomen #financialliteracyworkshop #financialliteracy #womenempowerment #financialeducationinindia #financialempowermentforwomen #buddyforfinance #financebuddyforwomen #lakshmebffwomen #empowermentwomen #womenfinancialliteracy

🌐 Learn more: https://www.lakshme.com/⁠

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