Wednesday, 15 February 2017

GST likely to halt economy: Ripples Financial Advisory|Intraday Tips Provider

Even as the economy is getting itself together post-note ban shock, the implementation of goods and services tax (GST) is also likely to cause serious disruptions. Valuations are challenging early signs of pick-up from demonetisation but it's not a V-shape pick-up and will not be a V-shaped recovery". 

In a V-shaped decline, the economy suffers a sharp but brief period of decline with a clearly defined trough, followed by a strong recovery. "GST implementation has the real risk of again halting or having shock effects on the economy.

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