In the new gross domestic product (GDP) series with 2022-23 as the base year, the Ministry of Statistics and Programme Implementation (MoSPI) will enhance the use of goods and services tax (GST) data to improve the accuracy of national and state-level economic estimates. While the previous 2011-12 series incorporated GST information in quarterly accounts and select sectors of annual national accounts, the 2022-23 framework expands its application across multiple dimensions. According to the report of the Sub-Committee for Incorporation of New Data Sources, the gross value added (GVA) contribution of private corporations to gross state domestic product (GSDP) will now be estimated more accurately using GST data, replacing the reliance on proxy indicators used in the 2011-12 series.