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Tuesday July 29th 2014

Budget Beneficiaries for 2007-2008 – Highlights

>Cement Prices to be stabilized is a costive news for Construction company.
Unitech,GMR Infraand more
Venture Cap Funds benefits for BIO,IT Nanao Tech and Pharma company.
Lupin,Divis Labs,Dishman pharma
>IT project for Food corporation will benefit company that they are doing business with like
TCS and CMC.
>Clinical Trials exempted from Service Tax
Panacea Biotech,Venus Remedies,and Zenotech Labs
>Single Tax for Telecom Company will benefit Companies like Airtel,Reliance Comm
>Duty cut on Watch Dials will benefit Titan and Timex
>Excise Duty cut on Plywood Frm 16% to 8%
Supreme Ind,Century Ply and also Jain irrigation which also had entered into plywood market by acquiring a Us based company.
ATF exemtion on smaller aircrafts to benefit company like Jet airways ,Deccan and spice jet.
Excise Duty on footwear reduced is good for Bata , mirza ,crew bos , liberty and more.
Reduction in Excise Duty on biscuits /Pacakged Foods to benefit Food packaging company.like Lakshmi Overseas,REI Agro and KRBL.
Excise duty exemption for water purifieng device will benefit Praj and Ion
Reduction in duties for diamond market would benefit Gitanjali Gem , Rajesh Exports and more.

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