Ramkumar
- 2. Agriculture 7,00,000 crores Defense 2,20,000 crores Education 95,000 crores Scheduled caste welfare 41,000 crores Rural development projects 80,000 crores Tribal welfare 29,000 crores Water and Sanitation 15,000 crores Health 33,000 crores
- 3. No change in income tax slabs Additional surcharge of 10% for the super rich earning above Rs.1 crore Additional interest deduction of 1lakh for home loans 100% deduction for donation to national children’s fund U(S)80G
- 4. No change in the 12% service tax Free gold limit has been increased to Rs 50000 for male passengers and 100000 for female passengers Excise duty on SUV increased from 27% to 30% Duty on mobile phones above Rs 2000 increased from 1% to 6%
- 5. No of companies:22 Revenue:Rs3,41,101cr Total Market cap:Rs3,00,955Cr Major concerns Hike in Petrol and Diesel price Budget impact 3% hike in excise duty for SUV’s a big jolt for the industry
- 6. No of companies:345 Revenue:Rs8,08,098Cr Total market cap:Rs11,75,550cr Mojor concerns : Low loan growth due to slowdown in investment and poor deposit growth Budget impact : Capital infusion will help PSU Banks Housing Finance companies focusing on small ticket size loans will benefit
- 7. No of companies:39 Revenue: Rs.1,10,953Cr Market Cap: Rs.1,74,619Cr Major concerns Low coal linkages Subdued demand due slowdown in construction activities Budget impact Off take to get boost due to 3000Km road projects Allocation of Rs.4000Cr for Urban and Rural development fund
- 8. No of companies: 114 Revenue: Rs.1,42,215Cr Market cap:Rs.5,43,400Cr Major concerns High excise duties for tobacco cos Budget impact Duty increase in cigarettes is negative for ITC
- 9. No of companies:146 Revenue:Rs.1,25,861Cr Market cap:Rs.3,52,232Cr Major concerns Phasing tax breaks Pricing pressure due to regulation and competition Budget impact Higher allocation to health and family welfare and provision for medical education will have a positive impact
- 10. No of companies:46 Revenue:Rs.11,350Cr Market cap:Rs.31,476Cr Major concerns Huge demand and supply mismatch Low demand and over supply of rooms Budget impact Service tax on AC restaurants resulting in lower revenue
- 11. No of companies:59 Revenue:Rs.33,083Cr Market cap:Rs.1,06,343Cr Major concerns Multiple taxes at different levels Budget impact Higher fund allocation resulting in greater home ownerships Higher interest deduction of Rs.2.5lacs on home loans up to Rs.25lacs is positive
- 12. No of companies:249 Revenue:Rs.1,33,530Cr Market cap:Rs.35,288Cr Major concerns High debt Weak demand Budget impact Removal of excise duty augers well for the garment industry