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Raise customs duty on some vehicle imports to 75% from 50% 12:49 pm

Branded silver jewellery exempt from excise duty 12:48 pm

10% advalorem duty on cigarettes 12:48 pm

Advolarom duty on some cigarettes 12:47 pm

Doubled custom duty on refined gold 12:46 pm

Excise duty on cigarettes raised 12:46 pm

Customs duty on non std gold raised to 10% from 5% 12:45 pm

Customs duty on std gold raised from 2% to 4% 12:45 pm

Duty reduced on energy saving lamps 12:43 pm

Duty on bicycles and bicycle parts reduced 12:41 pm

Titanium dioxide customs duty cut to 7.5% from 10% 12:39 pm

Automated shuttle looms exempted from customs duty 12:39 pm

Full exemption on imported equipments for road construction projs 12:38 pm

Thermal power co exempted from customs duty for 2 yrs 12:37 pm

Import of aircraft parts exempt from basic customs duty 12:37 pm

Pharma sector be affected by increase in excise duty rates 13:18 pm

Duty rate hikes to adversely affect common man 13:18 pm

Excise hike on beedi, other tobacco products; positive for ITC 12:50 pm

LNG exempt from customs duty; positive for GAIL and other gas dist cos, power cos and fert cos 12:42 pm

Basic exemption limit for individuals increased; savings to the extent of Rs 22,000 on income on Rs 10 lakh 12:29 pm

Introduction of negative service tax list to widen service tax net 12:26 pm

STT reduced to 0.01%; positive for IIFL, JM, Edel, Motilal 12:24 pm

Cascading effect of dividend distribution tax removed; to benefit Indian MNCs 12:23 pm

Exemption limit for individuals increased by Rs 20,000 to Rs 2 lakh 12:18 pm

GST network rollout from Aug 2012 positive for retail sector 12:17 pm

Amendment to external commercial borrowing (ECB) policy to support aviation sector 12:16 pm

Fiscal deficit seen at 5.1% of FY13 GDP 12:14 pm

Viability gap funding for irrigation; positive for IVRCL, Ramky 12:10 pm

To provide interest subvention at 7% for women self-help groups 12:02 pm

Women SHG can avail additional 3% subvention for prompt repayment of loans 12:00 pm

  • Auto - Cars & Jeeps
  • Banks - Private Sector
  • Banks - Public Sector
  • Cigarettes
  • Computers - Software Medium/Small
  • Excise hike on Beedi, Other Tobacco products positive for ITC

    12:50 pm
  • ITC

    294.35 red -0.45
  • Godfrey Phillip

    2995.00 red -34.90
  • VST

    1645.00 red 41.45
NEWS

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BUDGET HIGHLIGHTS

  • Exemption limit for the general category of individual taxpayers enhanced to Rs 2,00,000
  • Service tax rate raised from 10% to 12%
  • Standard rate of excise duty to be raised from 10% to 12%
  • No change proposed in the peak rate of customs duty of 10 per cent on nonagricultural goods.
  • For 2012-13, Rs 30,000 crore to be raised through disinvestment
  • Reduction in securities transaction tax by 20 per cent on cash delivery transactions

BUDGET INTERPRETATIONS

  • Pharma sector be affected by increase in excise duty rates
  • Duty rate hikes to adversely affect common man
  • Excise hike on beedi, other tobacco products; positive for ITC
  • LNG exempt from customs duty; positive for GAIL and other gas dist cos, power cos and fert cos
  • Basic exemption limit for individuals increased; savings to the extent of Rs 22,000 on income on Rs 10 lakh

BUDGET FLASHES

  • Raise customs duty on some vehicle imports to 75% from 50%
  • Branded silver jewellery exempt from excise duty
  • 10% advalorem duty on cigarettes
  • Advolarom duty on some cigarettes
  • Doubled custom duty on refined gold
  • Excise duty on cigarettes raised

HOT STOCKS AND MORE

COMPANY
PRICE
% CHANGE
1440.00
2.15
2227.90
0.66
294.35
-0.15
1089.00
0.54
290.70
1.55
COMPANY
PRICE
% CHANGE
322.95
2.44
318.30
2.18
1,440.00
2.15
290.70
1.55
424.40
1.41
COMPANY
PRICE
% CHANGE
394.90
-1.08
1,397.65
-0.77
377.40
-0.70
1,745.60
-0.58
594.40
-0.57
COMPANY
HIGH
LAST
196.00
195.00
84.75
83.30
1,125.00
1,125.00
309.70
303.00
31.70
31.70
COMPANY
LOW
LAST
372.60
372.60
26.10
27.00
5.85
5.85
182.55
182.55
136.00
136.00
SECTOR IMPACT
See impact on any sector
  • Auto - Cars & Jeeps
  • Banks - Private Sector
  • Banks - Public Sector
  • Cigarettes
  • Computers - Software Medium/Small
  • Construction & Contracting - Civil
  • Diamond Cutting/Precious Metals/Jewellery
  • Electricals
  • Engineering
  • Fertilisers
  • Finance - General
  • Finance - Term Lending Institutions
  • Mining/Minerals
  • Oil Drilling And Exploration
  • Power - Generation/Distribution
  • Refineries
  • Retail
  • Steel - Sponge Iron
  • Textiles - Denim
  • Textiles - Readymade Apparels
  • Transport

17:41 pm

Rail Budget: To spend Rs
6467 crore in track
modernization

19:41 pm

Rail Budget: Investment
of Rs 18193cr in rolling
stock

10:37 am

Railway safety fund
pegged at Rs 168.42
billion

10:42 am

Rail Budget: Signalling
sytem to be modernized Rs
39100cr to be spent

11:22 am

Direct cash subsidy for
LPG Kerosene: +ve Oil
PSU's

11:26 am

Effort on for consensus
on FDI in Multi-Brand
Retail

11:29 am

Measures to boost equity
market +ve JM Fin,
Edelweiss, Motital

11:30 am

Rs 15880 crore for PSU
Banks +ve SBI, PNB among
others

11:32 am

To introduce new law for
microfinance companies

11:34 am

Propose Rs 15,888 crore
for capitalisation of
PSUs

11:36 am

Tax-free bonds, Infra
doubled +ve L&T,GMR, IRB
among others

11:38 am

Propose tax free bonds of
Rs 10,000 crore for Power
Sector

11:40 am

ECB Funding for aviation
+Ve Kingfisher, Spicejet,
Jet

    11:46 am

    Tax-free bond limits
    increased +ve IDFC

    11:48 am

    Viability GAP funding for
    LNG +ve for GAIL, GSPL,
    PLNG

    11:49 am

    ECB for rupee-debt of
    power co +ve all Power
    companies

    11:56 am

    IDR 2-way fungibility +ve
    Stanchart IDR

    11:59 am

    GST network rollout from
    August 12 positive for
    retail sector

    12:09 pm

    Impact FIIs Investment In
    Long Term Infra Bonds;
    +ve IDFC, REC, PFC

    12:11 pm

    Viability Gap Funding For
    Irrigation:+ve IVRCL,
    Ramky

    12:13 pm

    FDI in aviation not
    announced in Budget; -ve
    Aviation companies

      11:08 am

      Branded silver jewellery
      exempt from excise duty

      12:27 pm

      Deduction for CAPEX
      enhanced to 150% for
      Fertilizer Sector

      12:34 pm

      Additional depreciation
      of 20% for power sector
      companies

      12:44 pm

      Excise duty on large cars
      Increased from 22% to 24%

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