NSO to use GST data for GDP estimate in new series

The National Statistical Office (NSO) will likely use GST Network (GSTN) data to compute the gross domestic product (GDP) starting with the new national income series to be unveiled in the next financial year. The data of the revenue collections from the principal indirect tax will be a key gauge of private final consumption expenditure (PFCE) in the GDP series, set to be released in February 2026…