#BudgetWithCNBCTV18 | January #Auto sales
▶️Total sales at 3.63 lk units vs Nomura estimate of 3.75 lk units
▶️Total sales down 15% at 3.63 lk units Vs 4.25 lk units (YoY)
▶️Domestic sales down 12% at 1.49 lk units Vs 1.70 lk units (YoY)
▶️Total sales at 3.63 lk units vs Nomura estimate of 3.75 lk units
▶️Total sales down 15% at 3.63 lk units Vs 4.25 lk units (YoY)
▶️Domestic sales down 12% at 1.49 lk units Vs 1.70 lk units (YoY)
BUDGET HIGHLIGHTS
Solar capacity building - Rs 19500 Cr PLI Incentive to be given
5-7% biomass pellets to be used by thermal power plants
Capital expenditure stepped up to Rs 7.5 lakh crore in 2022-23
Sovereign Green Bonds to be floated to fund green infra
Foreign Universities to be allowed to be set up in Gift City
RBI to introduce Digital Rupee in next fiscal
Rs 1 lakh crore allocated to States to build capital assets in next fiscal
Total expenditure in next fiscal to be Rs 39.5 lakh crore
Fiscal deficit pegged at 6.4% for next year
FM allows leeway to taxpayers to file updated or revised return within two years
Budget proposes to reduce AMT to 15% for Cooperatives + surcharge reduced to 7%
Tax incentives to be available for Start-ups registered till March 2023
Concessional Corporate tax regime - Date for commencement of manufacturing extended by one more year
Virtual Digital Assets - Capital gains from transfer of such assets to be taxed at 30%; Loss not to be allowed to be set off
Surcharge across board including long-term capital gains reduced
Health & Education Cess not allowable as business expenditure
No set off of any loss to be allowed against undisclosed income detected during Search
GST collections in Jan month soar to Rs 1.41 lakh crore
SEZ reform to be implemented by Sept 2022
Project Imports - Customs concessional regime phased out - 7.5% tax imposed
350 Customs exemption notifications to be expired
Electronics - Duty concessions offered to mobile camera and transformers + Duty reduced to 5% for gems & Jewellery
Duty on chemicals used for petrol refining reduced
Duty exemption for import of steel scrap extended by one more year
Solar capacity building - Rs 19500 Cr PLI Incentive to be given
5-7% biomass pellets to be used by thermal power plants
Capital expenditure stepped up to Rs 7.5 lakh crore in 2022-23
Sovereign Green Bonds to be floated to fund green infra
Foreign Universities to be allowed to be set up in Gift City
RBI to introduce Digital Rupee in next fiscal
Rs 1 lakh crore allocated to States to build capital assets in next fiscal
Total expenditure in next fiscal to be Rs 39.5 lakh crore
Fiscal deficit pegged at 6.4% for next year
FM allows leeway to taxpayers to file updated or revised return within two years
Budget proposes to reduce AMT to 15% for Cooperatives + surcharge reduced to 7%
Tax incentives to be available for Start-ups registered till March 2023
Concessional Corporate tax regime - Date for commencement of manufacturing extended by one more year
Virtual Digital Assets - Capital gains from transfer of such assets to be taxed at 30%; Loss not to be allowed to be set off
Surcharge across board including long-term capital gains reduced
Health & Education Cess not allowable as business expenditure
No set off of any loss to be allowed against undisclosed income detected during Search
GST collections in Jan month soar to Rs 1.41 lakh crore
SEZ reform to be implemented by Sept 2022
Project Imports - Customs concessional regime phased out - 7.5% tax imposed
350 Customs exemption notifications to be expired
Electronics - Duty concessions offered to mobile camera and transformers + Duty reduced to 5% for gems & Jewellery
Duty on chemicals used for petrol refining reduced
Duty exemption for import of steel scrap extended by one more year
Major Focus on 2022 is
Metal stocks
Pharma stocks
FMGC stocks
Expect good returns
Metal stocks
Pharma stocks
FMGC stocks
Expect good returns
Intraday stocks
Tata Steel
Sun Pharma
VEDL
L&T
Ultratech cement
JSW Steels
ITC
HCL tech
Titan
Tata Steel
Sun Pharma
VEDL
L&T
Ultratech cement
JSW Steels
ITC
HCL tech
Titan
Swing trading
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Short term trade
BHEL ( wait atleast 1 hour Green candle close )
Entry - 61
Stoploss - 56
Target 1 - 74
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Short term trade
BHEL ( wait atleast 1 hour Green candle close )
Entry - 61
Stoploss - 56
Target 1 - 74
Swing trading
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Positional trade
IDFC LTD
Entry - 68
Stoploss - 57
Target 1 - 89
Short term trading calls
TF - Time frame
D - day candle
W - weekly candle
M - Monthly candle
Green candle - Bullish
Red candle - Bearish
Positional trade
IDFC LTD
Entry - 68
Stoploss - 57
Target 1 - 89
Cadila Health says Zydus has started the supplies of its #COVID-19 vaccine ZyCoV-D, to Govt. It's a 3-dose vaccine administered on day 0, day 28 and day 56.
The vaccine will be priced at ₹265/dose & applicator being offered at ₹93/dose excluding GST
The vaccine will be priced at ₹265/dose & applicator being offered at ₹93/dose excluding GST