The Budget Wing of the Ministry of Finance is currently evaluating the necessary legal amendments required to shift the national fiscal year from the existing July-June cycle to an April-March schedule. The review process encompasses potential changes to budget formulation procedures, taxation systems, government accounting practices, and the execution of development projects.
Economy
Government considers shifting fiscal year to April-March
The finance ministry's budget wing is reviewing potential legal adjustments required to transition the fiscal year from July-June to April-March.
Source: TBS Bangladesh