ask678 Posted August 3, 2016 Share Posted August 3, 2016 UP, Gujarath..finally Delhi. Farewell party in Assam Link to comment Share on other sites More sharing options...
PP SIMHA Posted August 3, 2016 Share Posted August 3, 2016 Modi rule chusaka a stone ayithe emi pallu ralakottatainiki ani public thinking... Cong stone better, komchem pain thakkuva chsrk kuda soniaxxxxxaa js great ani cheppadu Link to comment Share on other sites More sharing options...
akhill Posted August 3, 2016 Share Posted August 3, 2016 chsrk kuda soniaxxxxxaa js great ani cheppadu chsrk ki aa musaldani lo emi nachindo ee vayasu lo.. :blink: Link to comment Share on other sites More sharing options...
ask678 Posted August 3, 2016 Share Posted August 3, 2016 Convey my wishes to Chsrk....:-) Link to comment Share on other sites More sharing options...
PP SIMHA Posted August 3, 2016 Share Posted August 3, 2016 Convey my wishes to Chsrk....:-) okay ask annai , chsrk e madya mexico eli ammayilani koduthunadu Link to comment Share on other sites More sharing options...
LuvNTR Posted August 3, 2016 Author Share Posted August 3, 2016 Main ga use for AP entante, it will get level playing field for attracting manufacturing in comparison with KA and TN. disadvantage entante, it has to raise its GDP with in next 5 years otherwise it will lose 4000 Cr revenue per annum compared to TN which looses 10000 Cr revenue per annum. Link to comment Share on other sites More sharing options...
PP SIMHA Posted August 3, 2016 Share Posted August 3, 2016 Main ga use for AP entante, it will get level playing field for attracting manufacturing in comparison with KA and TN. disadvantage entante, it has to raise its GDP with in next 5 years otherwise it will lose 4000 Cr revenue per annum compared to TN which looses 10000 Cr revenue per annum. bokka petatdugaa manaki.. gujarath ki enthaa labhaam... Link to comment Share on other sites More sharing options...
akhill Posted August 3, 2016 Share Posted August 3, 2016 bokka petatdugaa manaki.. gujarath ki enthaa labhaam... more earning states ki more bokka as of now.. for 5 years. so Guj and MH ki bokka kuda peddagane untundhi. Link to comment Share on other sites More sharing options...
ask678 Posted August 3, 2016 Share Posted August 3, 2016 Kentucky kadha working..mexico eppudu velladu? Link to comment Share on other sites More sharing options...
LuvNTR Posted August 3, 2016 Author Share Posted August 3, 2016 bokka petatdugaa manaki.. gujarath ki enthaa labhaam... revenue loss compensate chestharu guaranteed ga gujarat ki for 5 years. ee lopu daani GDP penchukovali otherwise it will start losing after 5 years. but Modi ni nammalem. Edo oka bill techi moeny isthadu gujarat ki even after 5 years. Link to comment Share on other sites More sharing options...
LuvNTR Posted August 3, 2016 Author Share Posted August 3, 2016 more earning states ki more bokka as of now.. for 5 years. so Guj and MH ki bokka kuda peddagane untundhi. 5 years lopu compensation ani undi. but after 5 years malli edo plan sesi MH ki GJ ki money divert sestharu. ee BJP ni nammlem. Link to comment Share on other sites More sharing options...
ask678 Posted August 3, 2016 Share Posted August 3, 2016 2 years tharuvatha BJP undadhu ga...ika 5 years tharuvatha ippudu enduku worry? Link to comment Share on other sites More sharing options...
LuvNTR Posted August 3, 2016 Author Share Posted August 3, 2016 Also you need to keep in mind that 'A robust IT infrastructure need to be maintained" at state level for implementaion of GST bill. Link to comment Share on other sites More sharing options...
VisionaryCBN Posted August 3, 2016 Share Posted August 3, 2016 evudu nammadu e modi ni.. edo gujarath ki use undi untadi bill lo.. pass cheyinchukunnadu .. migathaa states antha nela nakesinatee Link to comment Share on other sites More sharing options...
LuvNTR Posted August 3, 2016 Author Share Posted August 3, 2016 Now bill is approved. one by one effect is coming out. 1. Real estate may see more tax burden thus impacting middle class negatively per economists. It would add up to 8 percent to the cost of new homes and reduce demand by about 12 percent. 2. GST is being referred as a single taxation system but in reality it is a dual tax in which state and centre both collects separate tax on a single transaction of sale and service. so essentially central govt will get some thing on every goods sold. 3. Majority of dealers are not covered with the central excise but are only paying VAT in the state. Now all the Vat dealers will be required to pay “Central Goods and service tax”. 4. It’s quite apparent that the whole process of GST is going to make Centre a way lot powerful as the Centre has to specify the rate of revenue that has to be shared with the states. There is every chance for some states to put up with a loss in terms of tax sharing. In addition, the centre might fix everything about the whole recompense. The centre can hike the tax rates for states for compensation. Many protests are quite obvious to appear. Link to comment Share on other sites More sharing options...
AnnaGaru Posted August 3, 2016 Share Posted August 3, 2016 Modi opposed GST,US Nuclear deal, FDI before Now complete U-turn and taking credit for pushing them forward. Anyway it seems the bill passage is good. Link to comment Share on other sites More sharing options...
PP SIMHA Posted August 3, 2016 Share Posted August 3, 2016 Modi opposed GST,US Nuclear deal, FDI before Now complete U-turn and taking credit for pushing them forward. Anyway it seems the bill passage is good. so appudu manmohan singh thata policies e follow avuthunadu antaav , anthegaaa .. akhil come and answer this Link to comment Share on other sites More sharing options...
LuvNTR Posted August 3, 2016 Author Share Posted August 3, 2016 The goods and services tax (GST) will undoubtedly give India a facelift on the taxation front. Of course, the suspense over the rate at which GST will be levied remains. While it is difficult to quantify the impact on various sectors until the government announces the final GST rate, analysts and economists are assuming a standard rate of 17-18%. If that happens, then companies in the manufacturing sector are expected to benefit, while those in the services sector stand to lose. Of course, even though the bill has been passed in the current session, it will be another couple of years until GST is fully rolled out. As such, it’s premature to conclude how this reform will impact stock prices in the near term. In any case, there are various other factors that impact stock prices, and while GST is an important reform, analysts are more keen about indicators of the economic recovery. The winners 1) Automobiles: The auto sector is likely to emerge as a winner from GST implementation, provided the rate is below the total tax incidence for the sector (>27%). GST is expected to lead to lower prices for the end user and thus boost demand. Companies to benefit include Maruti Suzuki India Ltd and Mahindra and Mahindra Ltd. Both stocks have outperformed the market so far this fiscal year. Analysts believe some impact of GST could well be priced in at current levels. 2) Multiplexes: Multiplex companies pay around 25% of the average revenue per user (average ticket price + food and beverage spends, or F&B per head) as taxes, according to Kotak Institutional Equities. This is in three broad areas—(a) entertainment tax on net ticket sales, ( Value-added tax (VAT) on F&B, and © service tax on input costs for which there is no set-off available. No wonder, GST is expected to reduce the tax burden and improve the Ebitda (earnings before interest, taxes, depreciation and amortization) margin. Stocks of PVR Ltd and Inox Leisure Ltd have increased 50% and 30%, respectively, so far in FY17, suggesting the shares are factoring in most of the positives. Of course, there are other factors that are driving these shares. 3) FMCG: If the GST rate is less than or equal to 18%, then it should be positive for most consumer goods companies, point out analysts at Citigroup. Of course, much depends on which exemptions are retained and which of the current excise benefits are “grandfathered”. In addition, there will be gains from warehouse rationalization and a better competitive position vis-à-vis unorganized firms. But gains aren’t expected to be massive and will occur gradually; as such, stocks may not react dramatically just because the GST bill is passed. If cigarettes attract a higher tax incidence under the GST regime, then it will have an adverse impact on companies such as ITC Ltd. 4) Logistics: Supply chain management is expected to get a boost and transit time will reduce. Further, interstate trade barriers would reduce and eventually result in better interstate commerce. Consolidation of warehousing facilities is expected. Stocks that may benefit include Container Corp. of India Ltd and Transport Corp. of India Ltd. Citi’s analysts point out that the better operating environment could lead Gateway Distriparks Ltd to enter the domestic business. 5) Cement: The anticipated 18% GST rate is far lower than what cement companies are paying currently, and analysts expect cement makers to pass on the benefits to consumers as demand continues to remain weak. Whether this alone will help revive demand is another matter altogether. 6) Retail: The opportunity to set off input tax credit on rent is expected to aid margin expansion. But retail companies are facing other problems. Shoppers Stop Ltd’s stock has underperformed the benchmark Sensex this year, as underlying demand remains weak and like-to-like sales growth has been lack lustre. The losers As mentioned earlier, services-related sectors are expected to be negatively impacted, as they may have to shell out higher taxes than what they are currently paying. Service tax rate is currently at about 15%. 1) Telecom: The moderate rise in tax outgo could hit demand and revenues. But there would be a simultaneous set-off of taxes (Cenvat, or central VAT) paid on certain capex inputs. So, the impact would be marginal. But telcos have bigger problems. Data volumes are slowing and the Reliance Jio Infocomm Ltd launch can worsen matters. 2) Consumer staples and discretionary: Many consumer staples currently have low indirect tax. Hence, GST will be negative for companies in food processing, bakery, edible oil, dairy segments and personal care items. Quick service restaurants too will be adversely impacted. Kotak Institutional Equities sees some impact on Britannia Industries Ltd and ITC. courtesy: mint Winner is Manufacturing industry. Loser is food industry, Service industry such as telecom, restaurants, hospitals, real estate services etc (if the GST rate is above 18%). Simple logic to predict to winner & loser in service industry: current service tax is 15%. if GST rate is more than 15% then that sector will become loser. Link to comment Share on other sites More sharing options...
LuvNTR Posted August 3, 2016 Author Share Posted August 3, 2016 How the GST is monitored by Central & States for interstate transactions and returns? India will adopt a dual GST model wherein the Centre will levy the central GST and the states will levy state GST. An integrated GST will be levied on inter-state movement of goods. The entire tax registration, payment, tax return and refund system will be online and will be administered by the GST network. Link to comment Share on other sites More sharing options...
MVS Posted August 4, 2016 Share Posted August 4, 2016 How the GST is monitored by Central & States for interstate transactions and returns? India will adopt a dual GST model wherein the Centre will levy the central GST and the states will levy state GST. An integrated GST will be levied on inter-state movement of goods. The entire tax registration, payment, tax return and refund system will be online and will be administered by the GST network. Ante ye rahi aina mana pallu raha kattukovataniki guarantee anamata Link to comment Share on other sites More sharing options...
sonykongara Posted August 4, 2016 Share Posted August 4, 2016 @LuvNTR GOOD POST BRO, Link to comment Share on other sites More sharing options...
sonykongara Posted August 4, 2016 Share Posted August 4, 2016 Main ga use for AP entante, it will get level playing field for attracting manufacturing in comparison with KA and TN. disadvantage entante, it has to raise its GDP with in next 5 years otherwise it will lose 4000 Cr revenue per annum compared to TN which looses 10000 Cr revenue per annum. Link to comment Share on other sites More sharing options...
subash.c Posted August 4, 2016 Share Posted August 4, 2016 http://www.nytimes.com/2016/08/04/world/asia/india-goods-and-services-tax.html?ref=world&_r=0 Surjit Bhalla, a macroeconomic adviser on India to the Observatory Group, a consultancy in New York, compared the new tax regime to the industrial deregulation of 1991 and said it should put to rest any doubts about Mr. Modi’s credentials as an economic modernizer. “It’s a mega-reform, and it comes under his leadership, which is why he and the B.J.P. were very keen to get it passed,” he said. Link to comment Share on other sites More sharing options...
LuvNTR Posted August 4, 2016 Author Share Posted August 4, 2016 @LuvNTR GOOD POST BRO, thanks bro. Link to comment Share on other sites More sharing options...
akhill Posted August 4, 2016 Share Posted August 4, 2016 http://www.nytimes.com/2016/08/04/world/asia/india-goods-and-services-tax.html?ref=world&_r=0 Surjit Bhalla, a macroeconomic adviser on India to the Observatory Group, a consultancy in New York, compared the new tax regime to the industrial deregulation of 1991 and said it should put to rest any doubts about Mr. Modi’s credentials as an economic modernizer. “It’s a mega-reform, and it comes under his leadership, which is why he and the B.J.P. were very keen to get it passed,” he said. abboo.. NY Times is the last place i expected something positive about India.. :blink: Link to comment Share on other sites More sharing options...
subash.c Posted August 4, 2016 Share Posted August 4, 2016 abboo.. NY Times is the last place i expected something positive about India.. :blink: Its a welcome thing to happen for FDI's irrespective of state, so they all seem to be waiting for this to be passed...may be kastha lobbying kuda unde undali Link to comment Share on other sites More sharing options...
akhill Posted August 4, 2016 Share Posted August 4, 2016 akhil vbhayya tappa evudu nammadu e modi ni.. edo gujarath ki use undi untadi bill lo.. pass cheyinchukunnadu .. migathaa states antha nela nakesinatee edisav le feefee.. ee bill valla desam lo pedda bokka padedhi Gujarat and Tamilnadu ke.. 10,000 crores each.. Link to comment Share on other sites More sharing options...
akhill Posted August 4, 2016 Share Posted August 4, 2016 Its a welcome thing to happen for FDI's irrespective of state, so they all seem to be waiting for this to be passed...may be kastha lobbying kuda unde undali ya adantha ok.. lobbying undedhey le... kaani NYTimes lo India gurinchi positive ga okka mukka raadhu eppudoo.. okka article chuse sariki ala anna.. :D Link to comment Share on other sites More sharing options...
krishna_Bidda Posted August 4, 2016 Share Posted August 4, 2016 UP, Gujarath..finally Delhi. Farewell party in Assam Lekapote nuvvu heartattack ochi potav emo Link to comment Share on other sites More sharing options...
akhill Posted August 4, 2016 Share Posted August 4, 2016 Lekapote nuvvu heartattack ochi potav emo :roflmao: Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now