Provisional estimates of Annual National Income, 2020-21 and Quarterly estimates (Q4) of Gross Domestic Product, 2020-21 https://www.taxtmi.com/news?id=24074 Provisional estimates revise the Second Advance Estimates for 2020-21 by incorporating updated industrial, agriculture, government accounts, GST and other indicators, adopting volume extrapolation for taxes and the commodity flow approach for gross fixed capital formation; pandemic-related data disruptions required alternate indicators and international classification guidance, and the estimates-subject to further revision-show real GDP decline of -7.3 percent, current price GDP down -3.0 percent, and Q4 year-on-year growth of 1.6 percent. en-us Mon, 31 May 2021 18:49:42 +0530 Mon, 31 May 2021 18:49:42 +0530 TaxTMI RSS Generator Provisional estimates of Annual National Income, 2020-21 and Quarterly estimates (Q4) of Gross Domestic Product, 2020-21 https://www.taxtmi.com/news?id=24074 Provisional estimates revise the Second Advance Estimates for 2020-21 by incorporating updated industrial, agriculture, government accounts, GST and other indicators, adopting volume extrapolation for taxes and the commodity flow approach for gross fixed capital formation; pandemic-related data disruptions required alternate indicators and international classification guidance, and the estimates-subject to further revision-show real GDP decline of -7.3 percent, current price GDP down -3.0 percent, and Q4 year-on-year growth of 1.6 percent. News - Mon, 31 May 2021 18:49:42 +0530 https://www.taxtmi.com/news?id=24074