PY

Definition : Previous Year
Category : Business » Business Terms
Country/Region : Worldwide Worldwide
Popularity :
Type :
Initialism

What does PY mean?

Previous Year (PY) is the year in which income is earned and is also known as the Financial Year (April 1 to March 31).
The Assessment Year (AY) is the year immediately following the previous year, in which the income is assessed and tax is paid.

Frequently Asked Questions

What is the full form of PY?

The full form of PY is Previous Year

What is the full form of PY in Business?

Previous Year

What is the full form of PY in Worldwide?

Previous Year

Translation

Translate Previous Year into other languages

Citations Formatting rules vary by edition. Please verify against your required style manual.

APA Style

FullForms. (2026). PY. FullForms.com. https://fullforms.com/PY

Chicago Style

FullForms. "PY." Accessed June 7, 2026. https://fullforms.com/PY.

Harvard Style

FullForms (2026) 'PY', FullForms.com. Available at: https://fullforms.com/PY (Accessed: 07 June 2026).

MLA Style

"PY." FullForms.com, 2026, https://fullforms.com/PY. Accessed 07 Jun. 2026.