the indian budget comes into effect on the last working day of february.
the indian budget comes into effect on the last working day of february.
when does the indian budget come into effect?
the last working day of february
through the influence of scrope bernard, m.p., brother-in-law to mr. king, he shortly obtained a situation under the board of control, in which his arithmetical powers were so conspicuous as to secure his advancement to the point of accountant-general. while laboriously engaged in preparing the indian budget for 1796, he was attacked with illness, and died in a few days, the victim of his assiduity, 30 april 1796. his death was deplored as a public loss by mr. dundas, then at the head of the board of control, and no indian budget could, in fact, be produced that year.
george anderson (accountant-general)
sinha was the finance minister until 1 july 2002, when he exchanged jobs with foreign minister jaswant singh. sinha, during his tenure, was forced to roll back some of his government's major policy initiatives for which he was much criticised. still, sinha is widely credited for pushing through several major reform measures that put the indian economy on a firm growth trajectory. among them are lowering of real interest rates, introducing tax deduction for mortgage interest, freeing up the telecommunications sector, helping fund the national highways authority, and deregulating the petroleum industry. sinha is also known for being the first finance minister to break the 53-year tradition of presenting the indian budget at 5 pm local time, a practice held over from british rule days that sought to present the indian budget at a time convenient to the british parliament (1130am gmt) rather than india's parliament.
yashwant sinha