It make sense to start the fiscal year in 2000 16 in January its sweet Indian monsoon dependent but globalised economy

In the cut image of Indian policy making proposals out sometimes examined entry exam it but conclusions or not reached.
This seems to be the case with regard to the commencement of fiscal year.
IIFA start has been made on the issue with the setting up of fennel under the leadership of former Chief economic advisor Shankaracharya to suggest that if it is desirable and he's able to start the financial year from date other than the current April 1. The panel had to examine the impact of proposal new date of business taxes government panel  statistics and data connection and submit its report by December 31.
There are bound to be low beach doing too crow and issues but what we should like it in a finite moves by the government that claims to be decisive.
The current date is a colonial Legacy since 1867 because Britain started fiscal year in April.
Until 1999 even the time 5 p.m. show add link to 11:30 a.m. in London in time with the house of commons but and then finance minister advancing changed it to the Indian morning hours. It is time now to IST switch the year as well as from the colonial Era all fools day and good Srijan times again it is has been argued even during the British raj the Indian economy is dependent on the monsoon rain and the fiscal year but with select that. Kings food supplies and industrial demand on subsidies by Reserve it rain and it make sense to play in government of the spending in the timeline with that and this 1984 l k Jahan committee that recommended a January December ER and That seems even more desirable today. Most countries follow the January December if it career also as an increasing globalised economy it make sense for India to tune IT sales to world financial market which is start the calendar years in the spring League boot after Western holiday season.
Along budget secens in Delhi agreeable early winters for a January start scenes more agreeable that one is soldering summer with start in July which has also been talked about and more important detail on the rainfall and anticipated hardest are clear by then to make a right budget calls. We can not quite control the monsoon winds but he only we can set our financial clock in respect of wind in respect of Vedas in respect of rain.

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