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2015 Budget Vehicle Tax?

+6
soileconomy
Market R
SM2014
CSE1
RPPA
stockback
10 posters

Go down  Message [Page 1 of 1]

12015 Budget Vehicle Tax? Empty 2015 Budget Vehicle Tax? Sun Oct 19, 2014 2:00 am

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

any one know about Vehicle Import Tax.

2015 Budget Vehicle Import Tax?

please give me idea.

22015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 7:48 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

government try to increase?

any idea

32015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 8:10 pm

RPPA


Expert
Expert

stockback wrote:government try to increase?

any idea

For Hybrid vehicles tax should come down if we think long term as a country.

42015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 8:12 pm

CSE1

CSE1
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

RPPA wrote:
stockback wrote:government try to increase?

any idea

For Hybrid vehicles tax should come down if we think long term as a country.

and also electric vehicles

52015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 8:21 pm

SM2014

SM2014
Manager - Equity Analytics
Manager - Equity Analytics

stockback wrote:government try to increase?

any idea

I think from this time budget luxury products will not get benefits as MR does not want to get criticize from JVP and UNP. Specially, unp is also speculating this time presidential election

62015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 8:38 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

I feel Government maybe increase taxes(Vehicle import Tax)

bcz government expenses for next year 17% increase according to last year.

Options
1)Selling Colombo Lands
2)getting foreign loans
3)Money printing
4)Increase Taxes (Vehicle, Arak, Sig, .....)




72015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 8:44 pm

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Need to reduce tax for vehicles manifacturs in sri lanka. Like Micro. See how India developed in vehicle manifacturing.

82015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 8:58 pm

RPPA


Expert
Expert

stockback wrote:I feel Government maybe increase taxes(Vehicle import Tax)

bcz government expenses for next year 17% increase according to last year.

Options
1)Selling Colombo Lands
2)getting foreign loans
3)Money printing
4)Increase Taxes (Vehicle, Arak, Sig, .....)


Stockback

When talking about vehicle taxes they need to think about the price elasticity of demand.Already the vehicle taxes are increased by previous budgets & vehicle registration reduced drastically so less income for the government.

But when the taxes are low they earned much higher income due to increase in demand.Just check it out as don't have the numbers.

So the best thing is to maintain vehicle taxes at reasonable levels (at what demand level GVT can get the best income)

92015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 9:01 pm

soileconomy

soileconomy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

My view-Luxury vehicles (Engine capacity and other luxury options) will be taxed more while Hybrid vehicles will remain same.

102015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 9:08 pm

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

Need UNP government to save the sri lankan economy

112015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 9:11 pm

RPPA


Expert
Expert

gayanath1983 wrote:Need UNP government to save the sri lankan economy

Ravi malli on SINGHAPUTHRA FINANCE

Don't forget?????????????????

122015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 9:13 pm

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

RPPA wrote:
gayanath1983 wrote:Need UNP government to save the sri lankan economy

Ravi malli on SINGHAPUTHRA FINANCE

Don't forget?????????????????
any special reason?

132015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 9:18 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

RPPA wrote:
stockback wrote:I feel Government maybe increase taxes(Vehicle import Tax)

bcz government expenses for next year 17% increase according to last year.

Options
1)Selling Colombo Lands
2)getting foreign loans
3)Money printing
4)Increase Taxes (Vehicle, Arak, Sig, .....)


Stockback

When talking about vehicle taxes they need to think about the price elasticity of demand.Already the vehicle taxes are increased by previous budgets & vehicle registration reduced drastically so less income for the government.

But when the taxes are low they earned much higher income due to increase in demand.Just check it out as don't have the numbers.

So the best thing is to maintain vehicle taxes at reasonable levels (at what demand level GVT can get the best income)


Yes. Agreed.

this government do some unwanted stuff some times. now vehicle sector has good demand and USD out flow also not bad.

if they reduce Tax then out flow is very high. and also but government get some more money.

I believed if they maintain same level thats very good to industry.


142015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 9:25 pm

gayanath1983

gayanath1983
Vice President - Equity Analytics
Vice President - Equity Analytics

we need more forign money and investers. need increase our production as earn forign money to prevent from international debt...it can do only by UNP government

152015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 10:27 pm

windi5

windi5
Moderator
Moderator

Taxes for moter byks and three wheels will be reduced.

162015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Sun Oct 19, 2014 10:34 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

windi5 wrote:Taxes for moter byks and three wheels will be reduced.

Then government Income will be going down.(maybe chanda Gundu)

they have a big problem.

172015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Fri Oct 24, 2014 5:19 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Any Can give full Idea about Vehicle Import taxes.

182015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Fri Oct 24, 2014 5:22 pm

sudheeee

sudheeee
Manager - Equity Analytics
Manager - Equity Analytics

most probably hybrid vehicles tax will be increase where others specially land vehicles tax will be reduced........................... Twisted Evil Twisted Evil Twisted Evil ....

192015 Budget Vehicle Tax? Empty Re: 2015 Budget Vehicle Tax? Fri Oct 24, 2014 6:30 pm

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

windi5 wrote:Taxes for moter byks and three wheels will be reduced.
.

govt should undertake serious study about three wheelers.
true it is a cheaper option for  transportation.it has created some jobs for youth. but bad side is bigger than  its good side. entire sri lankan transportation is slowed down to speed of three wheelers because roads are congested with three wheelers.
many youths are  wasting their youthful life in road junctions without doing any productive work  .parents buy them a three wheeler and send them to the nearest junction to wait for hires.
many road accidents caused by three wheelers.it is un safe. cause city pollution.
govt should appoint experts to study this to formulate a policy for three wheelers.
atleast to limit the number of three wheelers on roads.

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