https://www.taxtmi.com/news?id=27141 Real GDP for 2023-24 is estimated to grow 7.3% (nominal GDP 8.9%), with construction at double digit growth and agriculture at 1.8%. The First Advance Estimates use the benchmark indicator method, extrapolating prior year benchmarks with contemporaneous indicators (IIP, corporate financials, crop/livestock/fishery estimates, cement/steel metrics, transport and trade traffic, vehicle sales, bank deposits/credits, and budget data) and compile taxes and subsidies from budget, CGA and CAG information. Estimates are preliminary and subject to revision as fuller data and revised benchmark estimates become available. en-us Sat, 06 Jan 2024 13:40:25 +0530 Wed, 11 Feb 2026 15:59:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=27141 Real GDP for 2023-24 is estimated to grow 7.3% (nominal GDP 8.9%), with construction at double digit growth and agriculture at 1.8%. The First Advance Estimates use the benchmark indicator method, extrapolating prior year benchmarks with contemporaneous indicators (IIP, corporate financials, crop/livestock/fishery estimates, cement/steel metrics, transport and trade traffic, vehicle sales, bank deposits/credits, and budget data) and compile taxes and subsidies from budget, CGA and CAG information. Estimates are preliminary and subject to revision as fuller data and revised benchmark estimates become available. News - Sat, 06 Jan 2024 13:40:25 +0530 https://www.taxtmi.com/news?id=27141