In today's episode of It's The Economy, we put the spotlight on how the GST rate cut on cement and some of the renewable power equipment impact the construction companies, who may have negotiated term contracts a little while ago. Will there be a price pass-through or will they have to be re-negotiated? Will the benefits of the lower GST rates be passed on to consumers? Will the construction companies have working capital advantage since the cost of some of the raw materials such as cement has fallen because of the GST rate cuts? Will the capex come down as the government may have a little less money given all the tax cuts? Latha Venkatesh gets answers to all these queries with Priyankar Biswas, Industrials and Logistics Research Analyst, JM Financial Institutional Securities and PP Gupta, Chairman & Managing Director, Techno Electric.
#gstratecuts #gstreforms #gstrationalisation #cementsector #renewablepowerequipment #capexsector #infrastructuresector #gstrelief #gstbonanza #cnbctv18 #cnbctv18market #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday
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