https://www.taxtmi.com/news?id=21429 India's GDP estimation methodology moved to a 2011-12 base year in 2015, integrating the MCA21 database and SNA 2008 recommendations to improve coverage and align with international practice. The note rebuts a recent critique alleging post 2011-12 GDP over estimation by pointing to selective indicator use, weak regression analysis, and inappropriate exclusion of tax data, and presents eight factual points to counter that critique while acknowledging ongoing efforts to enhance data accuracy. en-us Wed, 19 Jun 2019 17:30:03 +0530 Wed, 19 Jun 2019 17:30:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21429 India's GDP estimation methodology moved to a 2011-12 base year in 2015, integrating the MCA21 database and SNA 2008 recommendations to improve coverage and align with international practice. The note rebuts a recent critique alleging post 2011-12 GDP over estimation by pointing to selective indicator use, weak regression analysis, and inappropriate exclusion of tax data, and presents eight factual points to counter that critique while acknowledging ongoing efforts to enhance data accuracy. News - Wed, 19 Jun 2019 17:30:03 +0530 https://www.taxtmi.com/news?id=21429