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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Budget 2022

Budget 2022

+4
ResearchMan
Lstyle
chandike73
stockchaser
8 posters

Go down  Message [Page 1 of 1]

1Budget 2022 Empty Budget 2022 Fri Nov 12, 2021 7:27 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Any expert advice .. how this budget impact cse 
will it be a good impact?

2Budget 2022 Empty Re: Budget 2022 Fri Nov 12, 2021 8:17 pm

chandike73

chandike73
Manager - Equity Analytics
Manager - Equity Analytics

Still did not study. Accoding to the news there are both pros and cons

3Budget 2022 Empty Re: Budget 2022 Fri Nov 12, 2021 8:45 pm

Lstyle

Lstyle
Senior Equity Analytic
Senior Equity Analytic

There is a webinar on tomorrow from Capital Trust

4Budget 2022 Empty Re: Budget 2022 Fri Nov 12, 2021 8:51 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Lstyle wrote:There is a webinar on tomorrow from Capital Trust
Is it on the budget and CSE?

5Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 5:11 am

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics


  1. Financial Assistance for elders over 70 years 10,000
  2. No corporate tax changes other than one time tax for persons or companies with taxable income over Rupees 2,000 million for the year of assessment 2020/2021.
  3. VAT on banks and financial service providers under supply of financial services by specified institutions is proposed to be increased to 18 percent from 15 percent
  4. Rubber imports are banned
  5. Increasing the age of retirement to 65 for public employees
  6. A fine to be charged from motorists who have been involved in accidents

https://www.treasury.gov.lk/budget/highlights
https://www.treasury.gov.lk/documents/budget/2021/budget_highlight.pdf
https://www.lankabusinessonline.com/sri-lanka-budget-2022-live-coverage/

6Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 8:45 am

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ResearchMan wrote:

  1. Financial Assistance for elders over 70 years 10,000
  2. No corporate tax changes other than one time tax for persons or companies with taxable income over Rupees 2,000 million for the year of assessment 2020/2021.
  3. VAT on banks and financial service providers under supply of financial services by specified institutions is proposed to be increased to 18 percent from 15 percent
  4. Rubber imports are banned
  5. Increasing the age of retirement to 65 for public employees
  6. A fine to be charged from motorists who have been involved in accidents

https://www.treasury.gov.lk/budget/highlights
https://www.treasury.gov.lk/documents/budget/2021/budget_highlight.pdf
https://www.lankabusinessonline.com/sri-lanka-budget-2022-live-coverage/
Guys your ideas please on the impact of this surcharge on financial stocks specially on LoLC group shares ... Pls share your idea

7Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 9:57 am

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

@Stockchaser: I see temporary impact as it is one-off. Prominent sectors in this budget proposals are Irrigation, livestock (dairy & poultry), plantation, agriculture, and fisheries. You can understand why? Covid-19, dollar shortage led to support for local production. Import ban is boom for tile, palm oil producers/shareholders and vehicle owners. Doom for users, new users and consumers. Now it is rubber.

8Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 10:38 am

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ResearchMan wrote:
@Stockchaser: I see temporary impact as it is one-off. Prominent sectors in this budget proposals are Irrigation, livestock (dairy & poultry), plantation, agriculture, and fisheries. You can understand why? Covid-19, dollar shortage led to support for local production. Import ban is boom for tile, palm oil producers/shareholders and vehicle owners. Doom for users, new users and consumers. Now it is rubber.
Ok bro thanks for your advice , so according to your view on Monday there can't be a huge impact on financial stocks rally right?

mah2903 likes this post

9Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 12:09 pm

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

stockchaser wrote:
ResearchMan wrote:
@Stockchaser: I see temporary impact as it is one-off. Prominent sectors in this budget proposals are Irrigation, livestock (dairy & poultry), plantation, agriculture, and fisheries. You can understand why? Covid-19, dollar shortage led to support for local production. Import ban is boom for tile, palm oil producers/shareholders and vehicle owners. Doom for users, new users and consumers. Now it is rubber.
Ok bro thanks for your advice , so according to your view on Monday there can't be a huge impact on financial stocks rally right?

Bro: Can’t predict. I see positive impacts for Dairy, textile, export, plantation, construction, manufacturing, pharma, poultry health, renewable energy. Anything is good at great price. Any way we’ll watch Monday for the reaction. Good to see some action too.

10Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 12:25 pm

bizstock


Equity Analytic
Equity Analytic

Budget 2022 W8SRZmTWGlJYQAAAABJRU5ErkJggg==

11Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 12:31 pm

bizstock


Equity Analytic
Equity Analytic

Budget 2022 Untitl10

12Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 3:58 pm

Sunimal

Sunimal
Senior Equity Analytic
Senior Equity Analytic

bizstock wrote:Budget 2022 Untitl10
Before the budget I warned couple of times. Some guys ignored and promoted LOFC CLC even on the budget day. Now face the consequence on Monday. I feel bad for new comers. Too much greedy is good for nothing.

13Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 4:39 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Sunimal wrote:
bizstock wrote:Budget 2022 Untitl10
Before the budget I warned couple of times. Some guys ignored and promoted LOFC CLC even on the budget day. Now face the consequence on Monday. I feel bad for new comers. Too much greedy is good for nothing.
One off surcharge Is nothing for them , don't create unnecessary panic. IF U COULD NOT BUY SORRY SEE WHAT WILL HAPOEN MONDAY.. DON'T CREATE UNNECESSARY PANIC

nigma likes this post

14Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 4:45 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

stockchaser wrote:
Sunimal wrote:
bizstock wrote:Budget 2022 Untitl10
Before the budget I warned couple of times. Some guys ignored and promoted LOFC CLC even on the budget day. Now face the consequence on Monday. I feel bad for new comers. Too much greedy is good for nothing.
One off surcharge Is nothing for them , don't create unnecessary panic. IF U COULD NOT BUY SORRY SEE WHAT WILL HAPOEN MONDAY.. DON'T CREATE UNNECESSARY PANIC
@ Sunimal take some medicine for your brain damage

15Budget 2022 Empty Re: Budget 2022 Sun Nov 14, 2021 11:16 pm

AmateurTrader001


Senior Equity Analytic
Senior Equity Analytic

Apart from banking, distillery, tobacco and finance, other sectors have a neutral impact into the long term.

16Budget 2022 Empty Re: Budget 2022 Mon Nov 15, 2021 11:45 am

Wickyz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

2/3 බලය 2/5 වීමට නියමිතය.


ආණ්ඩු පෙරලීමට නියමිතය.


මහින්ද ගෙදර යාවිද ?


අලුත් අගමැති කව්ද ?


නන්දසේන තනි වෙයි.


ලංකාවේ සිවිල් යුද්දයක් ඇති වේද ?


ඉදිරි දිනවල බොහෝ දේ සිදු වේ.අවධානයෙන් සිටින්න.

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