https://www.taxtmi.com/news?id=21296 The Ministry confirms that GDP estimation follows the international SNA 2008 framework, that periodic base year revisions and incorporation of improved data sources (censuses, surveys, administrative records, corporate filings) are necessary to reflect structural change, and that a staged release schedule produces advance, provisional and successive revised estimates corresponding to progressively more complete data; methodological changes and use of alternative proxies are subject to Advisory Committee review and published methodology, with quality controls and international coordination on issues such as deflators and double deflation. en-us Thu, 09 May 2019 10:03:15 +0530 Thu, 09 May 2019 10:03:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21296 The Ministry confirms that GDP estimation follows the international SNA 2008 framework, that periodic base year revisions and incorporation of improved data sources (censuses, surveys, administrative records, corporate filings) are necessary to reflect structural change, and that a staged release schedule produces advance, provisional and successive revised estimates corresponding to progressively more complete data; methodological changes and use of alternative proxies are subject to Advisory Committee review and published methodology, with quality controls and international coordination on issues such as deflators and double deflation. News - Thu, 09 May 2019 10:03:15 +0530 https://www.taxtmi.com/news?id=21296