Good News Financial year change from Jan. to Dec. likely from 2018 ..

[Sai Jai]

New Delhi: India could shift to a January to December financial year from 2018, as the Centre appears set to make the historical transition to end the 150-year-old tradition of an April to March fiscal.

Accordingly the next Union Budget could be presented by the Narendra Modi-led National Democratic Alliance in November this year, according to people aware of the matter.

These people said the government is working on aligning the financial year with the calendar year after Prime Minister Narendra Modi pitched for a change.

Madhya Pradesh became the first state to announce shifting of its financial year format to January-December from 2018.


Financial year change likely from 2018, Budget may be moved to November

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[Sai Jai]

hyahyahya very big confusion going to end soon :kiss:kiss:clap:clapwlcm:wlcm:v

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[iSK]

Good Move :tup

 

[Sagar]

Yes good move.
January to December is good to understand.

 

[Sarkar]

Yes good move.
January to December is good to understand.

More importantly it will help farmers as they will get loan much earlier before monsoon