MP to shift to Jan- Dec fiscal format

Bhopal
2 May 2017

Madhya Pradesh today became the first state to announce shifting of its financial year format to January-December from the present April-March cycle. A decision to this effect was taken during the state cabinet meeting held here today. The decision comes close on the heels of Prime Minister Narendra Modi making a pitch for shifting the fiscal year to January-December period during NITI Aayog's governing council meet in the national capital recently.