MP becomes first state to formally shift to January-December financial year

[rahul1117kumar]

Madhya Pradesh has become the first state in the country to formally switch to a January-December financial year format, with the state Cabinet on Tuesday approving the proposed move.

The next Budget session of the state Assembly will be held in December 2017 or January 2018, while the next financial year will start from January 2018.

MP becomes first state to formally shift to January-December financial year | Business Standard News