Investors and consumers maintain cautious stance

Since April 1, car prices have dropped between 1 and 2.

THE implementation of the goods and services tax (GST) on April 1 has left investors and consumers feeling cautious, with many choosing to thread carefully or maintain a wait-and-see approach.

The ripples are already being felt as the 6% GST is leaving its mark on many stock market counters – be it on companies dealing with big-ticket items or otherwise.