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GST implementation will be a market rally disruptor

Analysts expect markets to remain choppy as they try to gauge impact of GST bill's implementation

GST, tax, taxes, I-T, income tax
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Puneet Wadhwa Mumbai
Even though the Parliament has passed key bills that have paved the way for goods and services tax (GST) implementation in the new financial year (FY18), markets remain cautious on how the GST – popularly known as one nation, one tax bill – will impact the economy, and, in turn, earnings of India Inc in the second half of the new financial year (FY18).

In the run-up to the event, most analysts expect the markets to remain choppy as they try to gauge the true impact of GST bill’s implementation amid global risks.

“Passing of the four GST bills in