https://www.taxtmi.com/news?id=20999 First Revised Estimates for 2017-18 update national income, consumption, saving and capital formation using detailed industry- and institution-wise data and newer source inputs. Real GDP growth at constant (2011-12) prices is estimated at 7.2 per cent and aggregate real GVA at 6.9 per cent in 2017-18, with sectoral shifts toward services. Gross Capital Formation, treated as firmer when derived from the flow-of-funds identity, increased alongside Gross Fixed Capital Formation, while Gross Saving rose led by households and corporations; revisions to earlier years reflect updated agricultural, industrial and fiscal actuals and expanded corporate data. en-us Thu, 31 Jan 2019 17:58:03 +0530 Thu, 31 Jan 2019 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=20999 First Revised Estimates for 2017-18 update national income, consumption, saving and capital formation using detailed industry- and institution-wise data and newer source inputs. Real GDP growth at constant (2011-12) prices is estimated at 7.2 per cent and aggregate real GVA at 6.9 per cent in 2017-18, with sectoral shifts toward services. Gross Capital Formation, treated as firmer when derived from the flow-of-funds identity, increased alongside Gross Fixed Capital Formation, while Gross Saving rose led by households and corporations; revisions to earlier years reflect updated agricultural, industrial and fiscal actuals and expanded corporate data. News - Thu, 31 Jan 2019 17:58:03 +0530 https://www.taxtmi.com/news?id=20999