'Changing fiscal year to Jan-Dec to benefit exporters'
A switch to January-December financial year against the current April-March will benefit exporters, Minister of State for Finance Arjun Ram Meghwal said on Sunday. “Most... countries have January-December year. And exporters will get benefit directly in their accounts maintenance,” he added. The government has set up a committee to examine the desirability and feasibility of a new fiscal year.