Office of Economic Adviser to Release Revised Index of Core Industries Series with Base Year 2022–23 https://www.taxtmi.com/news?id=73882 The revised Index of Core Industries adopts 2022-23 as its base year and replaces the 2011-12 series. Its weights are derived from the 2022-23 Index of Industrial Production and redistributed pro rata to total 100. Iron Ore is added as a core industry, expanding the basket to nine industries. The Steel Index will use gross production data for consistency with the Index of Industrial Production. In the Coal sector, only Raw Coal is retained; Coal Middlings and Washed Coal are excluded to prevent double counting. en-us Fri, 17 Jul 2026 15:50:21 +0530 Fri, 17 Jul 2026 15:50:20 +0530 TaxTMI RSS Generator Office of Economic Adviser to Release Revised Index of Core Industries Series with Base Year 2022–23 https://www.taxtmi.com/news?id=73882 The revised Index of Core Industries adopts 2022-23 as its base year and replaces the 2011-12 series. Its weights are derived from the 2022-23 Index of Industrial Production and redistributed pro rata to total 100. Iron Ore is added as a core industry, expanding the basket to nine industries. The Steel Index will use gross production data for consistency with the Index of Industrial Production. In the Coal sector, only Raw Coal is retained; Coal Middlings and Washed Coal are excluded to prevent double counting. News - Fri, 17 Jul 2026 15:50:21 +0530 https://www.taxtmi.com/news?id=73882