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Budget Takeaways for Various Sectors(Equity Impact Sector wise): ( Long Thread)
#Budget2019 #investearnrepeat
AIRLINE : POSITIVE
• aircraft financing and leasing activities from Indian shores
• Postive for Interglobe Aviation and Spicejet
#Budget2019 #investearnrepeat
AIRLINE : POSITIVE
• aircraft financing and leasing activities from Indian shores
• Postive for Interglobe Aviation and Spicejet
AUTOMOBILE : NEGATIVE
Customs duty has been increased from 7.5%/10% to 10%/15% on automobile parts
• Negative for Auto OEM companies like Maruti, Hero , Bajaj Auto, TVS Motors, Eicher , TaMo, Ashok Leyland.
Customs duty has been increased from 7.5%/10% to 10%/15% on automobile parts
• Negative for Auto OEM companies like Maruti, Hero , Bajaj Auto, TVS Motors, Eicher , TaMo, Ashok Leyland.
• Interest upto Rs. 1.5 Lacs shall be allowed as deduction for the purchase of EV w.e.f 1/4/20. (Positive for EV)
• Special Additional Excise duty by Re 1 per litre and Road and Infrastructure Cess by Re 1 per litre each on petrol and diesel.
• Special Additional Excise duty by Re 1 per litre and Road and Infrastructure Cess by Re 1 per litre each on petrol and diesel.
