India to shift to Jan-Dec financial year from 2018: Reports
India could shift to a January to December financial year from 2018, thereby ending the 150-year-old tradition of an April to March fiscal, according to reports. Accordingly, the next Union Budget could be presented by the Narendra Modi-led government in November this year. Notably, the budget was presented on February 1 this year, against the last week of February previously.