Claim: RBI extended the year closing till 30 June 2020.
Fact-check: No change in Financial year has been announced - FACTLY
Verdict: the normal financial year in india followed by the government & all other institutions including for taxation purpose is 01 april to 31 march. however, rbi's accounting/financial year is from 1 july to 30 june. there is no change in the normal financial year. hence the claim made in the post is false.
Organisation: FACTLY
Author: Akhil Reddy
Date published: 2020-03-24T10:18:37