gst data

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    New GDP Series Shows 7.8% Growth, Adjusts Economic Estimates

    New Delhi, February 27 Trimming the Indian economy by approximately Rs 12 lakh crore in the current financial year, following a revamp of the GDP calculation framework, may push the fiscal deficit higher, experts said.The Ministry of Statistics and Programme Implementation (MoSPI) released the...
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    India's GDP Forecast Rises to 7.6% Following New Calculation Framework

    New Delhi, Feb 27 India's economic growth forecast was raised to 7.6 per cent for the current fiscal year, following a revamp of the GDP calculation framework, highlighting the resilience of the world's fastest-growing major economy amid global trade disruptions.The growth forecast for the...
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    New GDP Series Highlights Stronger Growth Estimates for India's Economy

    New Delhi, February 27 – India's GDP growth estimate has been revised to 7.6% for the current fiscal year from 7.4%, following a government revision of the calculation methodology, including changes in the base year and incorporating data from the GST and e-Vahan portals, to better reflect...
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    Revised GDP Estimates Incorporate Key GST Data Sources

    New Delhi, February 24 – A sub-committee set up by the Ministry of Statistics and Programme Implementation (MoSPI) has recommended the enhanced use of GST data in the new series for GDP estimates, with 2022-23 as the base year.The report of the sub-committee on the incorporation of new data...
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