<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>SERVICES SECTOR GREW AT 8.4 % (YoY) IN FY 22</title>
    <link>https://www.taxtmi.com/news?id=26124</link>
    <description>The services sector rebounded in FY22 with 8.4% YoY growth and is projected to attain 9.1% GVA growth in FY23, led by a 13.7% rise in contact intensive services; bank credit to the sector rose 21.3% YoY, services exports strengthened-notably software and IT BPM-and record FDI inflows were recorded, while sub sectors such as IT BPM, e commerce, tourism, real estate and digital financial services showed marked recovery amid potential external downside risks.</description>
    <language>en-us</language>
    <pubDate>Tue, 31 Jan 2023 13:24:58 +0530</pubDate>
    <lastBuildDate>Tue, 31 Jan 2023 15:38:00 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=703147" rel="self" type="application/rss+xml"/>
    <item>
      <title>SERVICES SECTOR GREW AT 8.4 % (YoY) IN FY 22</title>
      <link>https://www.taxtmi.com/news?id=26124</link>
      <description>The services sector rebounded in FY22 with 8.4% YoY growth and is projected to attain 9.1% GVA growth in FY23, led by a 13.7% rise in contact intensive services; bank credit to the sector rose 21.3% YoY, services exports strengthened-notably software and IT BPM-and record FDI inflows were recorded, while sub sectors such as IT BPM, e commerce, tourism, real estate and digital financial services showed marked recovery amid potential external downside risks.</description>
      <category>News</category>
      <law>-</law>
      <pubDate>Tue, 31 Jan 2023 13:24:58 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/news?id=26124</guid>
    </item>
  </channel>
</rss>