Live Budget 2013-14: Customs duty cut on P&M for footwear ind; Liberty Shoes up

P Chidambaram came out with slew of measures to boost economy in hits Union Budget Speech for 2013-14, some of them are:

>Customs exemption on parts of electrical cars extended till 2015
>Plant & Machinery for leather & footwear industry: customs duty reduced
>Custom duty on steam coal & bituminous coal made uniform
>Reduced custom duty on dehulled oat grains, which is positive for FMCG >Excise duty exempted on ships & vessels, which is positive for shipping
>Indirect tax concessions for MRO (maintenance, repair and overhaul) industry
>1% TDS on real estate transaction revived
>Buyback by an unlisted entity more expensive for shareholder
>Foreign technology to cost more with rise in TDS rates
>21% effective MAT rate for domestic companies
>No extension of 80IA deduction for hospitals and hotels >No inheritance tax/estate duties introduced
>Large housing saddled with additional taxes
>One time amnesty scheme for service tax defaulters
>Rate of abatement on high cost reduced, which is negative for DLF
>Agri testing excluded from service tax net
>Increased duties on high end vehicles, which is negative for carmakers
>Excise duty on small utility vehicles raised from 27 percent to 30 percent, which is negative for Tata Motors and M&M >Excise duty on cigarettes up 18%, which is negative for ITC
>Increase in customs duty on set top boxes from 5% to 10%
>CTT levy on non-agri contracts, which is negative for MCX, Financial Technologies
>Securities transaction tax (STT) reduced, which is positive for IIFL, Motilal Oswal, Religare
>Effective corporate tax rate increased from 32.4% to 33.99% >80 IA benefit for power plants extended, which is positive for power generators
>Power sector - tax holiday extended to 31st March 2015
>Higher allocation to defence positive for BEL, BEML, M&M
>SIDBI's re-financing facility to benefit MSMEs
>Investment benefit for high value projects, which is positive for capital Goods
>3000 kms of road awards, which is positive for L&T, IRB, IVRCL >Additional investment allowance: 4-5 percent effective additional tax saving
>Additional interest deduction on housing loan, which is positive for real estate
>Housing loan interest to save Rs 30900 for tax payer in 30% bracket >Bank correspondents can sell micro finance products, which is positive for SKS Microfinance (up 3%)
>Zero customs duty on plant and machinery, which is positive for semiconductor industry
>Higher allocation for wind Energy, which is positive for Suzlon
>FII can participate in currency derivatives, which is positive for MCX
>To encourage PPP projects for Coal; Coal India up 3%. >Changes in exploration and production policy, which is positive for upstream sector
>RGESS investees can invest in mutual funds, which is positive for asset management companies
>Additional deduction of Rs 1 lakh for interest on housing loan
>Customs duty exemption for semiconductor projects >Regulatory authority for road sector, which is positive for IRB Infra
>Investment allowance of 15% for capital expenditure, which is positive for infrastructure space
>Rs 50,000 crore limit for tax free infra bonds, which is positive for infrastructure sector
>IDFs to be encouraged, which is positive for infrastructure sector
>Farm loan interest subvention continues, which is negative for Bank Nifty >JNNURM allocated Rs 14873 crore, which is positive Ashok Leyland and Tata Motors >Higher allocation for water treatment: Positive for Triveni Engg >17 percent hike in allocation for education: Positive for Educomp and Everonn >30 percent increase in plan expense: Positive for infrastructure and consumer sectors