Zerodha co-founder Nithin Kamath, who is known for his witty posts on social media, came up with another interesting tweet on Friday, informing his followers about why the financial year begins in April.
NSE
Kamath posted a picture from his six-year-old son’s history factbook which spoke about the switch from the Julian to the Gregorian calendar in England and its colonies in the year 1752.
“So this is why our financial year starts in April and not Jan, from my 6-year-old son's history factbook. I don't know how I didn't know until now (sic)," Kamath tweeted on Friday, sharing a photo from the book.
Hmm.. so this is why our financial year starts in April and not Jan, from my 6-year-old son's history factbook. I don't know how I didn't know until now.