In a conversation with Vishal Chhabria and Hamsini Karthik, Gautam Chhaochharia, executive director & head, India Research, UBS, explains why implementing goods and services tax (GST) may not be as disruptive as many perceive it to be. But, he warns investors shouldn't have high expectations on corporate earnings. Edited excerpts:
How disruptive will GST be?
Given the complexity, it has to be disruptive in the short term. The system can never be 100 per cent prepared for a change like this. The question is whether the disruption can last longer and the level of preparedness. From a
How disruptive will GST be?
Given the complexity, it has to be disruptive in the short term. The system can never be 100 per cent prepared for a change like this. The question is whether the disruption can last longer and the level of preparedness. From a
