Jan-Dec financial year under consideration: Jaitley

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

Update: 2017-07-21 10:21 GMT
Finance Minister Arun Jaitley has said the Indian government is working on a plan to rebuild the capacity of the banking sector. (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:    

Similar News