Nepal's fiscal year (FY) runs from Shrawan 1 to Ashadh end — roughly mid-July to mid-July in the AD calendar. This unique fiscal year shapes Nepal Rashtra Bank's monetary policy, government budgets, corporate accounting, and tax filing — making it critical knowledge for businesses, accountants, and anyone working with Nepal financial data.
This guide explains Nepal's fiscal year structure, AD-BS conversions, comparison with India's and other countries' fiscal years, and key dates within the FY cycle.
Convert Nepal Fiscal Years — Free
BS to AD fiscal year conversions with quarter breakdown. Perfect for accountants and analysts.
Nepal Fiscal Year Basics
- Start — Shrawan 1 (mid-July AD)
- End — Ashadh end (mid-July AD next year)
- Current FY (2025-2026) — FY 2082-83 BS = July 16, 2025 to July 16, 2026 AD
- Used by — Government of Nepal, NRB, all Nepali corporations, tax authorities
Aligns with traditional agricultural cycle — Shrawan starts after monsoon planting season, allowing fiscal planning around harvest revenues.
Comparison with Other Fiscal Years
| Country | Fiscal Year |
|---|---|
| Nepal | Shrawan 1 - Ashadh end (mid-July to mid-July) |
| India | April 1 - March 31 |
| USA (Federal) | October 1 - September 30 |
| UK | April 6 - April 5 |
| Japan | April 1 - March 31 |
| China | January 1 - December 31 |
When You Need Conversions
- Corporate annual reports — Nepal companies report in BS-FY format
- NRB monetary policy — half-yearly reviews
- Tax filing — IRD requires BS dates
- Government tenders — fiscal year-based budgets
- International comparisons — when comparing Nepal data to global metrics
- Audit reports — financial year-end audits
Nepal FY Quarters
| Quarter | Nepali Months | AD Months |
|---|---|---|
| Q1 | Shrawan-Bhadra-Ashwin | Mid-Jul to Mid-Oct |
| Q2 | Kartik-Mangsir-Poush | Mid-Oct to Mid-Jan |
| Q3 | Magh-Falgun-Chaitra | Mid-Jan to Mid-Apr |
| Q4 | Baishakh-Jestha-Ashadh | Mid-Apr to Mid-Jul |
How to Use the Tool (Step by Step)
- 1
Enter Date
Type any date in BS or AD format.
- 2
See Fiscal Year
Tool shows which Nepal FY the date falls in (both BS and AD).
- 3
Get Quarter Info
Identifies which quarter (Q1-Q4) of the FY.
- 4
Convert FY to AD
Reverse conversion: input "FY 2082-83" to get exact AD start/end dates.
- 5
Use for Reports
Apply for accounting, tax filing, and report comparisons.
Frequently Asked Questions
Why does Nepal use Shrawan-Ashadh fiscal year?+−
Aligns with Nepal's traditional agricultural cycle and post-monsoon planning. Different from India's April-March cycle.
When does Nepal's FY 2082-83 start?+−
Shrawan 1, 2082 BS = July 16, 2025 AD.
Can I file Indian and Nepal taxes simultaneously?+−
Yes if you have income in both countries. Each follows its own FY for filings.
Do Nepal companies use AD or BS in financial statements?+−
Both. Most Nepal corporates publish in BS-FY format with AD equivalents in brackets.
When is Nepal's government budget announced?+−
Annually on Jestha 15 (May 28 or 29 AD) — about 6 weeks before FY starts.
How do I know which BS year I'm currently in fiscally?+−
If date is between Shrawan 1 and Ashadh end of next year, you're in that BS FY.
Convert Nepal Fiscal Years — Free
BS to AD fiscal year conversions with quarter breakdown. Perfect for accountants and analysts.
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