Chief Statistician T C A Anant talks to Dilasha Seth & Indivjal Dhasmana on various aspects of gross domestic product data for the second quarter of the financial year. Edited excerpts:
You have said these GDP numbers will be revised upward when clarity comes on indirect tax collections. The Integrated GST (IGST) paid for earlier months will be used as credits for paying taxes. So, would GDP rather not get revised downward?
Returns for the quarter are still incomplete and in the process of being filed. Remember, government accounts are done on a cash basis; it is in
You have said these GDP numbers will be revised upward when clarity comes on indirect tax collections. The Integrated GST (IGST) paid for earlier months will be used as credits for paying taxes. So, would GDP rather not get revised downward?
Returns for the quarter are still incomplete and in the process of being filed. Remember, government accounts are done on a cash basis; it is in