GST & Its Implication to Industry, Retail Investors in India
Intl.J.Adv.Res.Comm&Mgmt. September 2020; 6(3): 1-4
4 Pages Posted: 30 Jun 2021
Date Written: September 20, 2020
In India a cosmic changes in indirect-tax system which can say a comprehensive tax benefits or the GST (goods and services tax),that levy on manufacture, sale and consumption of goods and services at national level. The implications of GST will essentially benefits to industries& individual retail investors and similarly, the benefits to stock market. It might have some promotional benefits in terms of corporate earnings and more for ease of doing business that results a long term sustainable changes for individual retail investors &industry as a whole. The paper is going to point out the beneficiary implication of Goods and Services tax to top participants (industry and Individual retail investors)in Indian stock markets. The concluding notes highlighted that the implementation of GST will try to reduce the gap between organized and unorganized sectors, its gives an overall positive implications to the individual investors in response to cost competitiveness or uniform market practices such as consumer durability which gives direct benefits to end consumers because of a highly competitive market. It also reported that how the bill is likely to impact various sectors and gain market shares in macro-economic perspective.
Keywords: GST, Retail Investors, Stock Market, India
JEL Classification: G37
Suggested Citation: Suggested Citation