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  Business   Economy  21 Jul 2017  Jan-Dec financial year under consideration: Jaitley

Jan-Dec financial year under consideration: Jaitley

REUTERS
Published : Jul 21, 2017, 3:51 pm IST
Updated : Jul 21, 2017, 3:51 pm IST

Jaitley did not elaborate whether budget presentation would be advanced to November or December.

Finance Minister Arun Jaitley (Photo: PTI)
 Finance Minister Arun Jaitley (Photo: PTI)

New Delhi: Finance Minister Arun Jaitley on Friday told lawmakers that the government is considering to change the country's financial year to January-December from April-March.

"The matter of changing financial year is under consideration," Mr Jaitley told lawmakers in a written reply to the lower house of Parliament.

He declined to elaborate whether the budget presentation would be advanced to November or December from February 2018.

Tags: arun jaitley, finance minister, new financial year
Location: India, Delhi, New Delhi