109-458: The Advanced Towed Artillery Gun System (ATAGS) is a towed 155 mm/52 calibre howitzer that is being developed for the Indian Army by Armament Research and Development Establishment (ARDE), Tata Advanced Systems (TASL) and Kalyani Strategic Systems (KSSL). Bharat Forge and Tata Advanced Systems are the development and manufacturing partners for the project. The ATAGS project
218-464: A broadcast calendar as the basis for their fiscal year. Fiscal years' names are often shortened based on the year in which they end ; for example, "fiscal year 2023-2024" and "FY24" are synonymous. The fiscal year for individuals and entities to report and pay income taxes is often known as the taxpayer's tax year or taxable year. Taxpayers in many jurisdictions may choose their tax year. Some federal countries, such as Canada and Switzerland, require
327-443: A January–December financial year, becoming the first Indian state to do so. But later it dropped the idea due to Many financial & accounting error. In Indonesia , since 2001, the fiscal year is the calendar year, 1 January to 31 December. Until 2000, the fiscal year ran from 1 April to 31 March; fiscal year 2000 ran from 1 April to 31 December. In Iran , the fiscal year usually starts on 21st or 22 March (1st of Farvardin in
436-460: A System ( F-INSAS ), and is also upgrading and acquiring new assets for its armoured, artillery, and aviation branches. Until the independence of India , the "Indian Army" was a British-commanded force defined as "the force recruited locally and permanently based in India, together with its expatriate British officers"; the "British Army in India" referred to British Army units posted to India for
545-450: A barrel, breech mechanism, muzzle brake and recoil mechanism to fire 155 mm calibre ammunition with a firing range of 48 km. It has an all-electric drive to ensure reliability and minimum maintenance over a long period of time. It has advanced features like high mobility, quick deployment, auxiliary power mode , advanced communication system, automatic command and control system with night capability in direct-fire mode. The gun has
654-531: A crucial tactical and strategic advantage over India. On 20 October, Chinese soldiers attacked India from both the northwest and northeast; and captured large portions of Aksai Chin and Arunachal Pradesh. As the fighting moved beyond disputed territories, China called on the Indian government to negotiate; however, India remained determined to regain lost territory. With no agreement in sight, China unilaterally withdrew its forces from Arunachal Pradesh. The reasons for
763-490: A fiscal year basis, but others are charged on an anniversary basis. Some companies, such as Cisco Systems , end their fiscal year on the same day of the week each year: the day that is closest to a particular date (for example, the Friday closest to 31 December). Under such a system, some fiscal years have 52 weeks and others 53 weeks. The calendar year is used as the fiscal year by about 65% of publicly traded companies in
872-734: A hydrogen bomb, which Pakistan lacked. Diplomatic tensions eased after the Lahore Summit was held in 1999. However, the sense of optimism was short-lived. In mid-1999, Pakistani paramilitary forces and Kashmiri insurgents captured the deserted, but strategic, Himalayan heights in the Kargil district of India. These had been vacated by the Indian Army during the onset of the inhospitable winter and were to be reoccupied in spring. The troops that took control of these areas received important support, of both arms and supplies, from Pakistan. Some of
981-664: A major component of national power, alongside the Indian Navy and the Indian Air Force . The independent Indian army has been involved in four wars with neighbouring Pakistan and one with China . Other major operations undertaken by the army include Operation Vijay , Operation Meghdoot , and Operation Cactus . The army has conducted large peacetime exercises such as Operation Brasstacks and Exercise Shoorveer, and it has also been an active participant in numerous United Nations peacekeeping missions . The Indian Army
1090-667: A major refugee crisis there. In early 1971, India declared its full support for the Bengali freedom fighters, known as Mukti Bahini , and Indian agents were extensively involved in covert operations to aid them. On 20 November 1971, the Indian Army moved 14 Punjab Battalion of the 45th Cavalry regiment, into Garibpur, a strategically important town in East Pakistan, near India's border, and successfully captured it . The following day, more clashes took place between Indian and Pakistani forces. Wary of India's growing involvement in
1199-435: A month-long skirmish, both Indian Prime Minister of India Narendra Modi and Pakistan Prime Minister Imran Khan agreed on a peace offer on 22 March 2019 ending hostilities and vowed to fight against terrorism together. India has been the largest troop contributor to UN peacekeeping missions since its inception. So far, India has taken part in 43 Peacekeeping missions, with a total contribution exceeding 160,000 troops and
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#17327919722441308-592: A permanent military presence in the region. However, beginning in the 1950s, Pakistan began sending mountaineering expeditions to the glacier. By the early 1980s, the Government of Pakistan was granting special expedition permits to mountaineers and United States Army maps showed Siachen as a part of Pakistan. This practice gave rise to the term oropolitics . India, possibly irked by these developments, launched Operation Meghdoot in April 1984. An entire battalion of
1417-589: A princely state under the rule of the Nizam of Hyderabad , chose to remain independent. The ensuing stand-off between the Government of India and the Nizam ended on 12 September 1948, when India's then Deputy Prime Minister Sardar Vallabhbhai Patel ordered Indian troops to secure Hyderabad State. During five days of fighting, the Indian Army, backed by an Indian Air Force squadron of Hawker Tempest aircraft, routed
1526-628: A series of failed negotiations, the People's Liberation Army attacked Indian Army positions on the Thag La ridge. This move by China caught India by surprise, and on 12 October Nehru gave orders for the Chinese to be expelled from Aksai Chin. However, poor coordination among various divisions of the Indian Army, and the late decision to mobilise the Indian Air Force in vast numbers, gave China
1635-437: A significant number of police personnel having been deployed. In 2014, India was the third largest troop contributor (TCC), with 7,860 personnel deployed, of which 995 were police personnel, including the first UN Female Formed Police Unit , serving with ten UN peacekeeping missions. As of 30 June 2014 , 157 Indians have been killed during such missions. The Indian army has also provided paramedical units to facilitate
1744-454: A six round magazine instead of a standard three round magazine. The gun is two tons lighter than guns in the same category and is designed to provide better accuracy and range and is capable of firing five successive rounds in short duration. It is compatible with C3I systems like Artillery Combat Command and Control System (ACCCS) called Shakti for technical fire control, fire planning, deployment management, operational logistics management of
1853-689: A total of 150-190 tanks during the conflict. The decision to return to pre-war positions, following the Tashkent Declaration , caused an outcry in New Delhi. It was widely believed that India's decision to accept the ceasefire was due to political factors, not military, since it was facing considerable pressure from the United States and the United Nations to cease hostilities. The 1967 Sino-Indian skirmish, also known as
1962-733: A tour of duty. The "Army of India" meant the combined Indian Army and the British Army in India. In 1776, a Military Department was created within the government of the East India Company at Calcutta . Its main function was to record orders that were issued to the army by various departments of the East India Company for the territories under its control. With the Charter Act of 1833, the Secretariat of
2071-400: A year ending 30 June on the following dates: Victoria changed in 1870, South Australia in 1874, Queensland in 1875, Western Australia in 1892, New South Wales in 1895 and Tasmania in 1904. The Commonwealth adopted the near-ubiquitous financial year standard since its inception in 1901. The reason given for the change was for convenience, as Parliament typically sits during May and June, while it
2180-461: Is being assisted by Instruments Research and Development Establishment (IRDE) , Vehicle Research and Development Establishment (VRDE) , Proof and Experimental Establishment (PXE) , Centre for Artificial Intelligence and Robotics (CAIR) , and Defence Electronics Applications Laboratory (DEAL). It was part of the Development cum Production Partner programme (DCPP) of DRDO. The development of
2289-653: Is celebrated on 15 January every year in India, in recognition of Lieutenant General K. M. Cariappa 's taking over as the first "Indian" Chief of the Army Staff and Commander-in-Chief, Indian Army from General Sir Roy Bucher , on 15 January 1949. With effect from 26 January 1950, the date India became a republic, all active-duty Indian Army officers formerly holding the King's Commission were recommissioned and confirmed in their substantive ranks. Immediately after independence, tensions between India and Pakistan erupted into
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#17327919722442398-605: Is the Supreme Commander of the Indian Army, and its professional head is the Chief of Army Staff (COAS). The Indian Army was established on 1 April 1895 alongside the long established presidency armies of the East India Company , which too were absorbed into it in 1903. Some princely states maintained their own armies which formed the Imperial Service Troops which, along with the Indian Army formed
2507-839: The Cho La incident , was a military conflict between Indian troops and members of the Chinese People's Liberation Army who, on 1 October 1967, invaded Sikkim , which was then a protectorate of India. On 10 October, both sides clashed again. Defence minister Sardar Swaran Singh assured the Indian people that the government was taking care of developments along the border. Indian losses were 88 killed, and 163 wounded, while Chinese casualties were 300 killed and 450 wounded in Nathula , and 40 in Chola. The Chinese Army left Sikkim after this defeat. Under Prime Minister Indira Gandhi , during
2616-634: The Indian Army . The gun is towed by Ashok Leyland FAT 6×6 truck and can change over from towing mode to firing mode within 2 minutes. The ATAGS has undergone several trials since 2016. Armenian Ground Forces ordered 6 ATAGS from Kalyani Strategic Systems (KSSL) by August 2023. The guns were manufactured in KSSL's facility in Pune . They were delivered to Armenia by the end of 2023. As of October 2024, they intend to purchase additional 84 units after successful trials at different locations. As of March 2023,
2725-538: The Indian Ministry of Defence received a proposal worth over $ 1 Billion from the Indian Army for the purchase of 307 ATAGS. As of September 2024, contract is to be signed by FY 2025. According to reports on 5 November 2024, the Indian Army plans to place an order for 307 units of ATAGS. The cost is expected to be around ₹ 7,000 crore (US$ 840 million). The order will be split at a ratio of 60:40 ratio. Kalyani Strategic Systems (KSSL) has emerged to be
2834-662: The Indian National Army , which was allied with the Empire of Japan . It was raised by a former colonel of the Indian Army, General Mohan Singh, but was later led by Subhas Chandra Bose and Rash Bihari Bose . With the fall of Singapore in 1942, about 40,000 Indian soldiers were captured. When given the choice, over 30,000 joined the Indian National Army. Those who refused became POWs and were mostly shipped to New Guinea. After initial success, this army
2943-697: The Indian National Congress in return for its support but reneged on them after the war, following which the Indian Independence movement gained strength. The " Indianisation " of the Indian Army began with the formation of the Prince of Wales Royal Indian Military College at Dehradun, in March 1912, to provide education to the scions of aristocratic and well-to-do Indian families and to prepare selected Indian boys for admission into
3052-830: The Kumaon Regiment was airlifted to the glacier. Pakistani forces responded quickly, and clashes between the two followed. The Indian Army secured the strategic Sia La and Bilafond La mountain passes, and by 1985 more than 2,600 km (1,000 sq mi) of territory claimed by Pakistan was under Indian control. The Indian Army continues to control all of the Siachen Glacier and its tributary glaciers. Pakistan has made several unsuccessful attempts to regain control over Siachen. In late 1987, Pakistan mobilised about 8,000 troops and garrisoned them near Khapalu , aiming to capture Bilafond La . However, they were repulsed by Indian Army personnel guarding Bilafond. During
3161-597: The Royal Military College, Sandhurst . Cadets were given a King's commission, after passing out, and were posted to one of the eight units selected for Indianisation. Because of the slow pace of Indianisation, with just 69 officers being commissioned between 1918 and 1932, political pressure was applied, leading to the formation of the Indian Military Academy in 1932 and greater numbers of officers of Indian origin being commissioned. On
3270-592: The Solar Hejri calendar ) and concludes on next year's 20th or 21 March (29th or 30th of Esfand in the Solar Hijri calendar ). In Ireland , the fiscal year is the calendar year, 1 January to 31 December. Until 2001, it was the year ending 5 April, as in the United Kingdom, but was changed with the introduction of the euro . The 2001 tax year was nine months, from April to December. In Israel ,
3379-531: The United Jihad Council (an umbrella group for all extremists) rejected Pakistan's plan for a draw-down, deciding instead to fight on. The Indian Army launched its final attacks in the last week of July. As soon as the Dras sub-sector had been cleared of Pakistani forces, the fighting ceased on 26 July, which has since been celebrated as Kargil Vijay Diwas (Kargil Victory Day) in India. By the end of
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3488-465: The line-of-sight . At many vital points, neither artillery nor air power could dislodge the Pakistan soldiers, who were out of visible range. The Indian Army mounted some direct frontal ground assaults, which were slow and took a heavy toll, given the steep ascents that had to be made on peaks as high as 5,500 m (18,000 ft). Two months into the conflict, Indian troops had slowly retaken most of
3597-530: The president's rule in 1971, the Indian Army and the Indian police launched Operation Steeplechase , a gigantic "counter-insurgency" operation against the Naxalites , which resulted in the death of hundreds of Naxalites and the imprisonment of more than 20,000 suspects and cadres, including senior leaders. The army was also assisted by a brigade of para commandos and the Indian paramilitary . The operation
3706-483: The Bengali rebellion, the Pakistan Air Force (PAF) launched a preemptive strike on 10 Indian air bases—at Srinagar , Jammu , Pathankot , Amritsar , Agra , Adampur , Jodhpur , Jaisalmer , Uttarlai , and Sirsa —at 17:45 hours on 3 December. However, this aerial offensive failed to accomplish its objectives and gave India an excuse to declare a full-scale war against Pakistan the same day. By midnight,
3815-647: The British Army to a new century. In the 20th century, the Indian Army was a crucial adjunct to the forces of the British Empire in both world wars . 1.3 million Indian soldiers served in World War I (1914–1918) with the Allies , in which 74,187 Indian troops were killed or missing in action. In 1915 there was a mutiny by Indian soldiers in Singapore. The United Kingdom made promises of self-governance to
3924-487: The Hyderabad State forces. Five Indian Army infantry battalions and one armoured squadron were engaged in the operation. The following day, Hyderabad was proclaimed part of India. Major General Joyanto Nath Chaudhuri , who led the operation, and accepted the surrender of the Nizam's forces on 18 September 1948, was appointed the military governor of Hyderabad, to restore law and order, and served until 1949. During
4033-401: The Indian Army is to ensure national security and national unity, to defend the nation from external aggression and internal threats, and to maintain peace and security within its borders . It conducts humanitarian rescue operations during natural calamities and other disturbances, such as Operation Surya Hope , and can also be requisitioned by the government to cope with internal threats. It is
4142-609: The Indian Army met with considerable success in the northern sector. After launching prolonged artillery barrages against Pakistan, India was able to capture three important mountain positions in Kashmir. By 9 September, the Indian Army had made considerable inroads into Pakistan. India had its largest haul of Pakistani tanks when an offensive by Pakistan's 1st Armoured Division was blunted at the Battle of Asal Uttar , which took place on 10 September near Khemkaran. The biggest tank battle of
4251-435: The Indian Army was spending an estimated US$ 2 million a month to support its personnel stationed in the region. The Indian Army has played a crucial role in fighting insurgents and terrorists within the nation. The army launched Operation Blue Star and Operation Woodrose in the 1980s to combat Sikh insurgents. The army, along with some paramilitary forces , has the prime responsibility of maintaining law and order in
4360-417: The Indian Army, accompanied by the Indian Air Force , launched a major three-pronged assault into East Pakistan. The Indian Army won several battles on the eastern front including the decisive Battle of Hilli . The operation also included a battalion-level airborne operation on Tangail, which resulted in the capitulation of all resistance within five days. India's massive early gains were attributed largely to
4469-472: The Indian Army. Goa, Daman, and Diu became a part of the Republic of India. The cause of this war was a dispute over the sovereignty of the widely separated Aksai Chin and Arunachal Pradesh border regions. Aksai Chin, claimed by India as part of Kashmir, and by China as part of Xinjiang, contains an important road link that connects the Chinese regions of Tibet and Xinjiang. China's construction of this road
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4578-605: The Indo-Bangladesh allied force and forced Pakistani forces to surrender, one day after the conclusion of the Battle of Basantar . After Pakistan's Lt General A. A. K. Niazi signed the Instrument of Surrender , India, as a part of the allied forces, took more than 90,000 Pakistani prisoners of war . By the time of the signing, 11,000 Pakistani soldiers had been killed in action, while India suffered 3,500 battle-related deaths. In addition, Pakistan lost 220 tanks during
4687-768: The Korean War, although deciding against sending combat forces, India sent its 60th Parachute Field Ambulance unit to aid the UN troops fighting against the North Korean invasion of South Korea, as part of the 1st Commonwealth Division . In the aftermath of the war, an Indian infantry brigade formed the Custodian Force of India, some of whose soldiers were also part of the Neutral Nations Repatriation Commission , which assisted in
4796-732: The Middle East. Some 87,000 Indian soldiers died in the war. By the end of the war, it had become the largest volunteer army in history, rising to over 2.5 million men in August 1945. In the African and Middle East campaigns , captured Indian troops were given a choice to join the German Army , to eventually "liberate" India from Britain, instead of being sent to POW camps . These men, along with Indian students who were in Germany when
4905-875: The North West Frontier), Bengal, Madras (including Burma), and Bombay (including Sind, Quetta and Aden). The Indian Army was a critical force for maintaining the primacy of the British Empire , both in India and throughout the world. Besides maintaining internal security, the Army fought in many other theatres: Third Anglo-Afghan war; the Boxer Rebellion in China; in Abyssinia and in the First and Second World Wars . The Kitchener Reforms brought
5014-496: The Pakistani advance until the Indian Air Force directed its fighters to engage the Pakistani tanks. By the time the battle had ended, 38 Pakistani tanks and 100 armoured vehicles were either destroyed or abandoned. About 200 Pakistani troops were killed in action, while only two Indian soldiers died. Pakistan suffered another major defeat on the western front at the Battle of Basantar , which was fought from 4 to 16 December. During
5123-513: The Pakistani forces had a clear line-of-sight to lay down indirect artillery fire on NH 1A, inflicting heavy casualties on the Indians. This was a serious problem for the Indian Army as the highway was its main supply route. Thus, the Indian Army's priority was to recapture peaks near NH 1A. This resulted in Indian troops first targeting the Tiger Hill and Tololing complex in Dras. This
5232-793: The Persian or Solar Hijri calendar used in Afghanistan at the time. Following transfer of power to the Taliban administration in September 2021, Afghanistan abandoned the Solar Hijri calendar in favour of the Lunar Hijri calendar . The fiscal cycle was restarted with effect from 1 Muharram 1444 AH (30 July 2022) In Australia , a fiscal year is commonly called a "financial year" (FY) and starts on 1 July and ends on
5341-532: The Portuguese colonies, which was accomplished by small contingents of Indian troops. After a brief conflict that lasted twenty-six hours—during which 31 Portuguese soldiers were killed, the Portuguese Navy frigate NRP Afonso de Albuquerque was destroyed, and over 3,000 Portuguese were captured—Portuguese General Manuel António Vassalo e Silva surrendered to Major General Kunhiraman Palat Kandoth of
5450-444: The Siachen Glacier region, Saltoro Kangri , could be viewed as strategically important for India because of its height, which would enable Indian forces to monitor Pakistani or Chinese movements in the area. Maintaining control over Siachen poses several logistical challenges for the Indian Army. Several infrastructure projects were constructed in the region, including a helipad at an elevation of 6,400 m (21,000 ft). In 2004,
5559-465: The UK calendar despite being listed in India. Companies following Indian fiscal year get to know their economic health on 31 March of every Indian financial or fiscal year. The current fiscal year was adopted by the colonial British government in 1867 to align India's financial year with that of the British Empire. Prior to 1867, India followed a fiscal year that ran from 1 May to 30 April. On 4 May 2017, Madhya Pradesh announced that it would move to
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#17327919722445668-418: The United States and for most large corporations in the United Kingdom. That is the case in many countries around the world with a few exceptions such as Australia, New Zealand, and Japan. Many universities have a fiscal year which ends during the summer to align the fiscal year with the academic year (and, in some cases involving public universities, with the state government's fiscal year) and also because
5777-401: The attack was claimed by a Pakistan -based militant group, Jaish-e-Mohammed . India blamed Pakistan for the attack and promised a robust response, while the latter condemned the attack and denied having any connection to it. Twelve days later, in the early morning of 26 February 2019, India carried out a cross-border airstrike near Balakot , Khyber Pakhtunkhwa , Pakistan. After over
5886-437: The battle compared to India's 69. In 1972, the Simla Agreement was signed between the two countries, although subsequent incidences of heightened tensions have resulted in continued military vigilance on both sides. The Siachen Glacier , although a part of the Kashmir region, was not demarcated on maps prepared and exchanged between the two sides in 1947. In consequence, before the 1980s neither India nor Pakistan maintained
5995-462: The battle, about 23 Indian soldiers lost their lives, while more than 150 Pakistani troops perished. Further unsuccessful attempts to reclaim positions were launched by Pakistan in 1990, 1995, 1996, and 1999, most notably in Kargil in the latter year. India continues to maintain a strong military presence in the region, despite inhospitable conditions. The conflict over Siachen is regularly cited as an example of mountain warfare . The highest peak in
6104-399: The battle, about 66 Pakistani tanks were destroyed and 40 more were captured. Pakistani forces destroyed only 11 Indian tanks. By 16 December, Pakistan had lost sizeable territory on both the eastern and western fronts. On 16 December 1971, under the command of Lt. General J. S. Arora , elements of the three corps of the Indian Army that had invaded East Pakistan entered Dhaka as a part of
6213-429: The calendar year. Significant exceptions include: Many jurisdictions require that the tax year conform to the taxpayer's fiscal year for financial reporting. The United States is a notable exception: taxpayers may choose any tax year, but must keep books and records for such year. In some jurisdictions, particularly those that permit tax consolidation , companies that are part of a group of businesses must use nearly
6322-474: The casualty figures variously from 35 to 70 killed. Partial footage of the strikes was released to the Indian media on 27 June 2018 as proof of the strike. The incident triggered the 2016–2018 India-Pakistan border conflict , which ended on 16 June 2018 with both India and Pakistan agreeing on a ceasefire. Following the 14 February 2019 Pulwama attack in Jammu and Kashmir , which killed 40 Indian Central Reserve Police Force personnel. Responsibility for
6431-518: The conflict stood at about 3,000. On 18 September 2016, a fedayeen attack was made by four armed militants on an army base near the town of Uri . Nineteen Indian Army soldiers were killed. India accused Jaish-e-Muhammad , a Pakistan-based terrorist organisation. On 29 September 2016, the India Army announced that it conducted " surgical strikes " against militant launch pads across the Line of Control , in Pakistani-administered Kashmir , and inflicted "significant casualties". Indian media reported
6540-422: The division level are permanent regiments that are responsible for their own recruiting and training. The army is an all-volunteer force and comprises more than 80% of the country's active defence personnel. It is the largest standing army in the world , with 1,237,117 active troops and 960,000 reserve troops. The army has embarked on an infantry modernisation program known as Futuristic Infantry Soldier As
6649-408: The end of a week (e.g., 52 or 53 weeks in length, and therefore is not exactly one calendar year in length), or opt for its financial year to end on a date that matches the reporting cycle of its foreign parent. All entities within the one group must use the same financial year. For government accounting and budget purposes, pre- Federation colonies changed the financial year from the calendar year to
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#17327919722446758-422: The eve of World War II , the officer corps consisted of roughly 500 Indians holding regular commissions against approximately 3,000 British officers. In World War II Indian soldiers fought alongside the Allies . In 1939, British officials had no plan for expansion and training of Indian forces, which comprised about 130,000 men (in addition there were 44,000 men in British units in India in 1939), whose mission
6867-476: The exchange of prisoners of war and was headed by Lieutenant General K. S. Thimayya . Even though the British and French vacated all their colonial possessions in the Indian subcontinent , Portugal refused to relinquish control of its colonies of Goa , Daman, and Diu . After repeated attempts by India to negotiate were spurned by Portuguese prime minister and dictator, António de Oliveira Salazar , on 12 December 1961 India launched Operation Vijay to capture
6976-469: The first Indo-Pak War of 1947–49 (and the future third COAS), was first an acting major-general and then an acting lieutenant-general during the conflict while holding the substantive rank of major, and only received a substantive promotion to lieutenant-colonel in August 1949. Gopal Gurunath Bewoor , the future ninth COAS, was an acting colonel at his promotion to substantive major from substantive captain in 1949, while future Lieutenant General K. P. Candeth
7085-418: The first of three full-scale wars between the two nations over the then princely state of Kashmir . The Maharaja of Kashmir wanted to have a standstill position. Since Kashmir was a Muslim majority state, Pakistan wanted to make Kashmir a Pakistani territory. As a result, Pakistan invaded Kashmir on 22 October 1947, causing Maharaja Hari Singh to look to India, specifically to Lord Mountbatten of Burma ,
7194-499: The fiscal year is 1 July to 30 June. In France , the fiscal year is the calendar year, 1 January to 31 December, and has been since at least 1911. In Germany, the fiscal year runs from 1 January until 31 December. In Greece , the fiscal year is the calendar year, 1 January to 31 December. In Hong Kong , the government's financial year runs from 1 April to 31 March. However, a company incorporated in Hong Kong can determine its own financial year-end, which may be different from
7303-485: The fiscal year is the calendar year, 1 January to 31 December. In Italy , the fiscal year is the calendar year, 1 January to 31 December. It was changed in 1965, before which it was 1 July to 30 June. In Japan , the government's financial year is from 1 April to 31 March. Japan's income tax year is 1 January to 31 December, but corporate tax is charged according to the corporation's own annual period; most Japanese corporations elect their annual period to follow
7412-407: The fiscal year is the calendar year, 1 January to 31 December. In Bulgaria , the fiscal year is the calendar year, 1 January to 31 December, both for personal income tax and for corporate taxes. In Canada , the government's financial year is 1 April to 31 March. (Q1 1 April – 30 June, Q2 1 July – 30 Sept, Q3 1 Oct – 31 Dec and Q4 1 Jan – 31 Mar) For individual taxpayers,
7521-434: The fiscal year is the calendar year, 1 January to 31 December. In China , the fiscal year for all entities is the calendar year, 1 January to 31 December, and applies to the tax year, statutory year, and planning year. In Colombia , the fiscal year is the calendar year, 1 January to 31 December. In Costa Rica , the fiscal year is the calendar year. January to December. As of 2019 when the tax laws changed. In Egypt ,
7630-427: The government fiscal year (1 April to 31 March). In Lithuania , the fiscal year is the calendar year, 1 January to 31 December. In Macau , the government's financial year is 1 January to 31 December. In Malaysia , the tax year for individuals is the calendar year, from 1 January to 31 December. The Companies Act 2016 does not state when the fiscal year must start for companies, so businesses are free to choose
7739-504: The government fiscal year. In India , the government's financial year runs from 1 April to 31 March the following year. The financial year from 1 April 2024 to 31 March 2025 would generally be abbreviated as FY 2024-25 or( FY24-25) ( FY2024/25),(FY2024/2025),(FY24/25), but it may also be called FY 2025 or FY25 on the basis of the ending year. Companies following the Indian Depositary Receipt (IDR) are given freedom to choose their financial year. For example, Standard Chartered's IDR follows
7848-406: The government of the East India Company was reorganised into four departments, including a Military Department. The army in the presidencies of Bengal , Bombay and Madras functioned as respective Presidency Armies until 1 April 1895, when they were unified into a single force known as the Indian Army . For administrative convenience, it was divided into four commands, namely Punjab (including
7957-485: The governor-general, for help. He signed the Instrument of Accession to India on 26 October 1947. Indian troops were airlifted to Srinagar from dawn on 27 October. This contingent included General Thimayya who distinguished himself in the operation and in the years that followed became a Chief of the Indian Army. An intense war was waged across the state and former comrades found themselves fighting each other. Pakistan suffered significant losses. Its forces were stopped on
8066-406: The gun took about 4 years and is expected to be complete by March 2017. The delay in completion of the project was attributed to realization of ordnance and recoil system and supply issue with manufacturing of sub-systems. The gun is expected to start user trials in 2017 and production is expected to start in 2019. It was first publicly showcased at 68th Republic Day parade on 26 January 2017. Both
8175-492: The heights under their control, which also included the Tiger Hill , overlooked the vital Srinagar – Leh Highway ( NH 1A ), Batalik , and Dras . Once the scale of the Pakistani incursion was realised, the Indian Army quickly mobilised about 200,000 troops, and Operation Vijay was launched. However, since the heights were under Pakistani control, India was at a clear strategic disadvantage. From their observation posts ,
8284-610: The land component of the Armed Forces of the Crown of India, responsible for the defence of the Indian Empire. The Imperial Service Troops were merged into the Indian Army after independence . The units and regiments of the Indian Army have diverse histories and have participated in several battles and campaigns around the world, earning many battle and theatre honours before and after Independence. The primary mission of
8393-632: The line formed which is now called the Line of Control (LOC). An uneasy peace, sponsored by the UN, returned by the end of 1948, with Indian and Pakistani soldiers facing each other across the Line of Control, which has since divided Indian-held Kashmir from that part held by Pakistan. Several UN Security Council resolutions were passed, with Resolution 47 calling for a plebiscite to be held in Kashmir to determine accession to India or Pakistan, only after Pakistan withdrew its army from Kashmir. A precondition to
8502-580: The lowest bidder followed by Tata Advanced Systems (TASL). However, TASL needs to meet the price bid of KSSL to get 40% order share. As reported on 19 November 2024, Bharat Forge, the parent company of KSSL, is participating in proce negotiations with Ministry of Defence for the ATAGS contract. It is a truck-mounted self propelled artillery variant with ATAGS mounted on an 8×8 High Mobility Vehicle (HMV) developed by Bharat Earth Movers Limited (BEML). The overall gun weighs 30 tonnes. The first and only prototype
8611-402: The next 30 June. Financial years are designated by the calendar year of the second half of the period. For example, financial year 2025 is the 12-month period ending on 30 June 2025 and can be referred to as FY2024/25. It is used for official purposes, by individual taxpayers and by the overwhelming majority of business enterprises. Business enterprises may opt to use a financial year that ends at
8720-487: The partition period, was disbanded. Headquarters Delhi and the East Punjab Command were formed to administer the area. The departure of virtually all senior British officers following independence, and their replacement by Indian officers, meant many of the latter held acting ranks several ranks above their substantive ones. For instance, S. M. Shrinagesh , the ground-forces commander of Indian forces during
8829-485: The prototypes of TASL and KSSL was part of the parade. For the first time, an indigenously developed howitzer gun, the ATAGS was included in the 21-gun salute alongside the British origin 25-pounder as part of the 76th Independence day celebrations . Two howitzer were included in the battery that fired the 21 gun salute. ATAGS is being fast-tracked by Indian Army for induction as of 27 September 2022. The gun consists of
8938-497: The provincial or cantonal tax year to align with the federal year. In the United States, most states retained a 30 June fiscal year-end date when the federal government switched to 30 September in 1976. Nearly all jurisdictions require that the tax year be 12 months or 52/53 weeks. However, short years are permitted as the first year or when changing tax years. Most countries require all individuals to pay income tax based on
9047-460: The reporting period not aligning with the calendar year (1 January to 31 December). Taxation laws generally require accounting records to be maintained and taxes calculated on an annual basis, which usually corresponds to the fiscal year used for government purposes. The calculation of tax on an annual basis is especially relevant for direct taxes , such as income tax. Many annual government fees—such as council tax and license fees, are also levied on
9156-434: The resolution was for Pakistan and India to return to a state of "as was" before the conflict . Pakistan would withdraw all tribesmen and Pakistani nationals brought in to fight in Kashmir. Pakistan refused to pull back, and there could be no further dialogue on fulfilling the UN resolution. Tensions between India and Pakistan, largely over Kashmir, have never been eliminated. After the partition of India, Hyderabad State ,
9265-521: The ridges they had lost. According to official accounts, an estimated 75%–80% of the enemy-occupied area, and nearly all the high ground, was back under Indian control. Following the Washington Accord of 4 July, where Sharif agreed to withdraw Pakistani troops, most of the fighting came to a gradual halt; but some Pakistani forces remained in positions on the Indian side of the LOC. In addition,
9374-468: The same fiscal year (differences of up to three months are permitted in some jurisdictions, such as the US and Japan), with consolidating entries to adjust for transactions between units with different fiscal years, so the same resources will not be counted more than once or not at all. In Afghanistan , from 2011 to 2021, the fiscal year began on 1 Hamal (20th or 21 March). The fiscal year aligned with
9483-404: The speed and flexibility with which Indian armoured divisions moved across East Pakistan. Pakistan launched a counterattack against India on the western front. On 4 December 1971, A Company of the 23rd Battalion of India's Punjab Regiment intercepted the Pakistani 51st Infantry Brigade near Ramgarh, Rajasthan. The Battle of Longewala ensued, during which A Company, though outnumbered, thwarted
9592-581: The troubled Jammu and Kashmir region, under Northern Command. The Indian Army sent a contingent to Sri Lanka in 1987 as a part of the Indian Peace Keeping Force . The Indian Army also successfully conducted Operation Golden Bird in 1995, as a counter-insurgency operation in northeast India. In 1998, India carried out nuclear tests ; and a few days later, Pakistan responded with nuclear tests of its own, giving both countries nuclear deterrence capability, although India had tested
9701-543: The two countries. In 1962, the Indian Army was ordered to move to the Thag La ridge , located near the border between Bhutan and Arunachal Pradesh and about 5 kilometres (3 miles) north of the disputed McMahon Line. Meanwhile, Chinese troops had also made incursions into Indian-held territory, and tensions between the two reached a new high when Indian forces discovered the road constructed by China in Aksai Chin. After
9810-625: The university is normally less busy during the summer months. In the Northern Hemisphere , that is July to the next June. In the Southern Hemisphere , that is the calendar year, January to December. In a similar fashion, many nonprofit performing arts organizations will have a fiscal year which ends during the summer, so that their performance season that begins in the fall and ends in the spring will be within one fiscal year. Some media/communication-based organizations use
9919-653: The war broke out, made up what was called the Free India Legion . They were originally intended as pathfinders for German forces in Asia but were soon sent to help guard the Atlantic Wall . Few who were part of the Free India Legion ever saw any combat, and very few were ever stationed outside Europe. At its height, the Free India Legion had over 3,000 troops in its ranks. Indian POWs also joined
10028-755: The war ended. Despite frequent calls for its release, the Henderson-Brooks report remains classified. Neville Maxwell has written an account of the war. A second confrontation with Pakistan took place in 1965. Although the war is described as inconclusive, India had the better of the war and was the clear winner in tactical and strategic terms. Pakistani president Ayub Khan launched Operation Gibraltar in August 1965, during which Pakistani paramilitary troops infiltrated into Indian-administered Kashmir and attempted to ignite anti-India agitation in Jammu and Kashmir . Pakistani leaders believed that India, which
10137-456: The war was the Battle of Chawinda , the largest tank battle in history after World War II . Pakistan's defeat at the Battle of Asal Uttar hastened the end of the conflict. At the time of the ceasefire declaration, India reported casualties of about 3,000. On the other hand, it was estimated that more than 3,800 Pakistani soldiers were killed in the conflict. About 200–300 Pakistani tanks were either destroyed or captured by India. India lost
10246-611: The war, India had resumed control of all the territory south and east of the Line of Control, as was established in July 1972 per the Shimla Accord . By the time all hostilities had ended, the number of Indian soldiers killed during the conflict stood at 527, while more than 700 regular members of the Pakistani Army had been killed. The number of Islamist fighters, also known as Mujahideen, killed by Indian armed forces during
10355-460: The withdrawal are disputed, with India claiming various logistical problems for China and diplomatic support from the United States, while China stated that it still held territory it had staked a claim on. The dividing line between the Indian and Chinese forces was named the Line of Actual Control . The poor decisions made by India's military commanders, and the political leadership, raised several questions. The Henderson-Brooks and Bhagat committee
10464-443: The withdrawal of the sick and wounded. Fiscal year A fiscal year (also known as a financial year , or sometimes budget year ) is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations. Laws in many jurisdictions require company financial reports to be prepared and published on an annual basis but generally with
10573-662: Was a major force in the First and Second World Wars , particularly in the Western Front and the Middle Eastern theatre during World War I , and the South-East Asian Theatre and the East African and North African campaigns during World War II . The Indian Army is operationally and geographically divided into seven commands , with the basic field formation being a division . Below
10682-399: Was an acting brigadier (substantive captain) at the same time. In April 1948, the former Viceroy's Commissioned Officers (VCO) were re-designated Junior Commissioned Officers, while the former King's Commissioned Indian Officers (KCIO) and Indian Commissioned Officers (ICO), along with the former Indian Other Ranks (IOR), were respectively re-designated as Officers and Other Ranks. Army Day
10791-434: Was cleared, the Indian Army turned to drive the invading force back across the Line of Control. The Battle of Tololing , among others, slowly tilted the war in India's favour. Nevertheless, some Pakistani posts put up a stiff resistance, including Tiger Hill (Point 5140), which fell only later in the war. As the operation was fully underway, about 250 artillery guns were brought in to clear the infiltrators in posts that were in
10900-602: Was defeated, along with the Japanese; but it had a huge impact on the Indian independence movement. Upon the Partition of India and Indian independence in 1947, four of the ten Gurkha regiments were transferred to the British Army. The rest of the Indian Army was divided between the newly created Union of India and the Dominion of Pakistan . The Punjab Boundary Force , which had been formed to help police Punjab during
11009-456: Was difficult for it to meet in November and December to pass a budget. The Financial year is split into four quarters which cover the following periods: In Austria , the fiscal year is the calendar year, 1 January to 31 December. In Bangladesh , the fiscal year is 1 July to the next 30 June. In Belarus , the fiscal year is the calendar year, 1 January to 31 December. In Brazil ,
11118-501: Was internal security and defence against a possible Soviet threat through Afghanistan. As the war progressed, the size and role of the Indian Army expanded dramatically, and troops were sent to battlefronts as soon as possible. The most serious problem was the lack of equipment. Indian units served in Burma, wherein 1944–45, five Indian divisions were engaged along with one British and three African divisions. Even larger numbers operated in
11227-474: Was one of the triggers of the conflict. Small-scale clashes between Indian and Chinese forces broke out as India insisted on the disputed McMahon Line being regarded as the international border between the two countries. Chinese troops claimed not to have retaliated to the cross-border firing by Indian troops, despite sustaining losses. China's suspicion of India's involvement in Tibet created more rifts between
11336-680: Was organised in October 1969, and Lieutenant General J.F.R. Jacob was told by Govind Narain , the Home Secretary , that "there should be no publicity and no records". Jacob's request to be presented with written orders was also refused by the then Army Chief Sam Manekshaw . An independence movement broke out in East Pakistan which was crushed by Pakistani forces. Due to large-scale atrocities committed against them, thousands of Bengalis took refuge in neighbouring India causing
11445-571: Was revealed in DefExpo 2022. The official technical features of the gun includes The MGS system has undergone mobility and performance trials along with standalone firing trials of the armoured cabin. Indian Army 1 April 1895 ; 129 years ago ( 1895-04-01 ) ( as British Indian Army ) The Indian Army is the land-based branch and largest component of the Indian Armed Forces . The President of India
11554-515: Was soon followed by more attacks on the Batalik–Turtok sub-sector, which provided access to Siachen Glacier. Point 4590, which had the nearest view of the NH 1A, was successfully recaptured by Indian forces on 14 June. Though most of the posts in the vicinity of the highway were cleared of the enemy by mid-June, some posts near Dras endured sporadic shelling until the end of the war. Once the NH 1A area
11663-400: Was soon set up by the government of India to determine the causes of the poor performance of the Indian Army. Its report criticised the decision not to allow the Indian Air Force to target Chinese transport lines, out of fear of a Chinese aerial counterattack on Indian civilian areas. Much of the blame was placed on the then–defence minister, Krishna Menon , who resigned from his post soon after
11772-413: Was started in 2013 by DRDO to replace older guns in service in the Indian Army with a modern 155mm artillery gun. DRDO laboratory Armament Research and Development Establishment (ARDE) partnered with private players Bharat Forge , Mahindra Defence Naval System, Tata Power SED and public sector unit Advanced Weapons and Equipment India for this purpose. With ARDE as the nodal laboratory, development
11881-505: Was still recovering from the Sino-Indian War , would be unable to deal with a military thrust and a Kashmiri rebellion. India reacted swiftly and launched a counter-offensive against Pakistan. In reply, on 1 September Pakistan launched Operation Grand Slam , invading India's Chamb-Jaurian sector. In retaliation, the Indian Army launched a major offensive all along its border with Pakistan, with Lahore as its prime target. Initially,
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