The government has appointed a committee to consider a change in the financial year but without specifying any reasons for the need to do so
One morning’s newspapers
carried the news that the central government has decided to consider a change
in the present Financial Year [April 1 to March 31] without any demands
surfacing from any quarters. Simultaneously, an announcement was also made
about the constitution of a four-member committee, comprising of three retired
bureaucrats, one of them being the retired Chief Economic Advisor of the
Government of India and the Chairman of the committee.
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