https://www.taxtmi.com/news?id=73519 Index of Services Production (ISP) is proposed as a monthly short-term indicator of real output in the formal services sector, using a base year of 2024-25 and trial releases before regular dissemination. The series will cover major services sub-sectors, exclude government and informal activities, and rely on administrative data, GST outward supplies and ASISSE estimates, with GVA-based weights and a fixed-weight Laspeyres volume index. en-us Thu, 25 Jun 2026 09:34:25 +0530 Thu, 25 Jun 2026 09:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=73519 Index of Services Production (ISP) is proposed as a monthly short-term indicator of real output in the formal services sector, using a base year of 2024-25 and trial releases before regular dissemination. The series will cover major services sub-sectors, exclude government and informal activities, and rely on administrative data, GST outward supplies and ASISSE estimates, with GVA-based weights and a fixed-weight Laspeyres volume index. News - Thu, 25 Jun 2026 09:34:25 +0530 https://www.taxtmi.com/news?id=73519