STOCKS THAT STAND TO HIGHLY BENEFIT FROM GST 2.0

The GST reforms will involve rationalizing rates into two slabs against the existing four slabs for most items. Procedural simplification and streamlining measures are proposed to enhance ease of business and encourage wider compliance. The central government has proposed that most goods be subsumed in the 5% and 18% tax slab. Most of the goods in the 12% slab are expected to be transitioned to the 5% slab, which should lower retail prices and aiding household budgets. Some of the sectors that will highly benefit from this GST rate cut are: Auto Sector =

, , Cement Sector = , Consumer durables = , , Hotels = , Quick commerce = , Although it will take some time for the revised GST rates to be implemented, investors can see a good profit growth in the coming quarters.