Kolkata: President Pranab Mukherjee today said major changes have happened in India during 2017 like, budget session has been advanced to the first day of February and the first combined budget of independent India that included Railways was presented in Parliament.
Secondly, the thought of change of fiscal year from April1 to March-end to January-December has been floated and thirdly the process of making India come under one taxation system from July 1, 2017, i.e., GST are really appreciable measures taken up by the Union Government, ‘ the President opined while speaking at the inaugural session of the global summit on ‘Academics & Economic Reforms-Role of Cost and Management Accountants, organised by the Institute of Cost Accountants of India here.
He even reminisced on the Constitution Amendment Bill of 2011 which facilitated GST though it was not introduced at that time. (UNI)
He even reminisced on the Constitution Amendment Bill of 2011 which facilitated GST though it was not introduced at that time. (UNI)
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