GST Bill expected to be implemented next year: Morgan Stanley
Advertisement
Advertisement
We might soon see the much awaited bill on The global financial services major said in a research note that market expectations with regard to passage of the GST bill have waned. "Therefore, the passage of the bill in the upcoming sessions would be viewed positively."
In recent times, investor expectations regarding the passage of the GST bill, have waned due to a logjam in the Upper House.
"GST has the potential to benefit large companies as their warehousing costs decline and tax liabilities level off with unorganised players," the report said adding that investors are focused on the new GST law, so its clearance could be important to equities.
Meanwhile, Finance Minister
Advertisement
Jaitley said he will be holding talks again with the Congress leaders so that the bill could be taken up in the Monsoon session.
The GST Bill, though approved by the
(Image credits: indiatimes)
Advertisement
- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- Apple Let Loose event scheduled for May 7 – New iPad models expected to be launched
- DRDO develops lightest bulletproof jacket for protection against highest threat level
- Sensex, Nifty climb in early trade on firm global market trends
- Nonprofit Business Models
- 10 Must-Do activities in Ladakh in 2024