Friday, May 31, 2019

CIN mismatch in sample data taken by NSS doesn’t mean Cos. don’t exists: clarifies Govt.

A survey of services sector Cos. for calculation of GDP showed data gaps. Survey was based on 35456 cos. from 349500 cos. in service sector in MCA. 16.4% of cos. were non-traceable. 21.4% of cos. appeared to be misclassified due to mismatch between economic activity and industrial classification. The Govt. clarified that the cos. that were not working in the services sector based on their CIN were excluded from scope of study and therefore categorised ‘out of survey’ this doesn’t mean thes

from taxmann.com News https://www.taxmann.com/topstories/222330000000018695/cin-mismatch-in-sample-data-taken-by-nss-doesn’t-mean-cos-don’t-exists-clarifies-govt.aspx

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