PMC Profiters Exclusive: Concall Quick Outlook on Budget Impact :
-Cement : Neutral
-Metals :Negative
-Housing Finance: Minor Positve
-Retail Banking : Mild Positive
-Rural Finance: Positive
-Oil and Gas Upstream : Negative
-Oil Marketing : Positive
-Infra (Roads and Railways): Positive
-Consumer (Tobacco): Neutral
-Consumer (Jewellery): Negative
-Consumer Apparel: Neutral
-IT Services : Nil Impact
-Staffing Industry: Positive
-Auto Sector: Negative
-Logistics: Positive
-Commodity Exchanges: Positive
-Pharma: Neutral
- Pharma R&D: Mild Negative
: STOCKS IN FOCUS
• Excise duty on rubber sheets for footwear soles from 12.5% to 6%...Bata, Relaxo and Liberty.
• Basic Custom Duty on denatured ethyl alcohol (Ethanol) being reduced, subject to actual user condition.....from 5% to 2.5%...Praj in focus.
• Excise duty structure on Routers, broadband Modems from 12.5% to 4%....Smart Link and D Link
• Excise duty on carbon pultrusions for wind energy to 6% from 12.5%...Suzlon and Inox Wind
• Excise duty on set top boxes cut to Nil from 12.5%...Dish and Den
• Excise Duty on ATF increased to 14% from 8%...Aviation stocks in focus
THINGS THAT WILL BE COSTLIER:
Cigarettes: Excise duty increased by 10-15% on tobacco products, except bidi.
Branded retail garment: A 6% excise on branded retail garments priced more thanRs.1,000.
Cars: Jaitley announced a tax on cars and sports utility vehicles costing more than Rs.10 lakh as a measure to curb rising pollution levels and ease traffic congestion. There will be a 1% tax on cars with gasoline engines, a 2.5% tax on those with diesel engines and a 4% tax on “high engine-capacity vehicles and sports utility vehicles”.
Imitation jewellery: Basic customs duty increased from 10% to 15%.
Mobile phones and accessories: The exemption from basic customs duty, CV (countervailing) duty, SAD (special additional duty of customs) on charger/adapter, battery and wired headsets/speakers for manufacture of mobile phone is being withdrawn. Now, CV duty is imposed at 12.5% and SAD at 4%.
THINGS THAT WILL BE CHEAPER:
Refrigerators: Basic customs duty on refrigerated containers being reduced 10% to 5% and excise duty on refrigerated containers being reduced 12.5% to 6%.
Solar lamps: Exempt from excise duty from 12.5% earlier.
Perfumes and deodorants: Basic customs duty on denatured ethyl alcohol (ethanol) reduced, subject to actual user condition
-Cement : Neutral
-Metals :Negative
-Housing Finance: Minor Positve
-Retail Banking : Mild Positive
-Rural Finance: Positive
-Oil and Gas Upstream : Negative
-Oil Marketing : Positive
-Infra (Roads and Railways): Positive
-Consumer (Tobacco): Neutral
-Consumer (Jewellery): Negative
-Consumer Apparel: Neutral
-IT Services : Nil Impact
-Staffing Industry: Positive
-Auto Sector: Negative
-Logistics: Positive
-Commodity Exchanges: Positive
-Pharma: Neutral
- Pharma R&D: Mild Negative
: STOCKS IN FOCUS
• Excise duty on rubber sheets for footwear soles from 12.5% to 6%...Bata, Relaxo and Liberty.
• Basic Custom Duty on denatured ethyl alcohol (Ethanol) being reduced, subject to actual user condition.....from 5% to 2.5%...Praj in focus.
• Excise duty structure on Routers, broadband Modems from 12.5% to 4%....Smart Link and D Link
• Excise duty on carbon pultrusions for wind energy to 6% from 12.5%...Suzlon and Inox Wind
• Excise duty on set top boxes cut to Nil from 12.5%...Dish and Den
• Excise Duty on ATF increased to 14% from 8%...Aviation stocks in focus
THINGS THAT WILL BE COSTLIER:
Cigarettes: Excise duty increased by 10-15% on tobacco products, except bidi.
Branded retail garment: A 6% excise on branded retail garments priced more thanRs.1,000.
Cars: Jaitley announced a tax on cars and sports utility vehicles costing more than Rs.10 lakh as a measure to curb rising pollution levels and ease traffic congestion. There will be a 1% tax on cars with gasoline engines, a 2.5% tax on those with diesel engines and a 4% tax on “high engine-capacity vehicles and sports utility vehicles”.
Imitation jewellery: Basic customs duty increased from 10% to 15%.
Mobile phones and accessories: The exemption from basic customs duty, CV (countervailing) duty, SAD (special additional duty of customs) on charger/adapter, battery and wired headsets/speakers for manufacture of mobile phone is being withdrawn. Now, CV duty is imposed at 12.5% and SAD at 4%.
THINGS THAT WILL BE CHEAPER:
Refrigerators: Basic customs duty on refrigerated containers being reduced 10% to 5% and excise duty on refrigerated containers being reduced 12.5% to 6%.
Solar lamps: Exempt from excise duty from 12.5% earlier.
Perfumes and deodorants: Basic customs duty on denatured ethyl alcohol (ethanol) reduced, subject to actual user condition
@Pmcprofiters
Very helpful analysis sir
ReplyDelete