FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» Will share market be taxed after new Gazette./manik de silva
by D.G.Dayaratne Mon May 27, 2024 2:14 pm

» Focus on Government controlled entities
by Ekanayake90 Mon May 27, 2024 7:31 am

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by Ekanayake90 Mon May 27, 2024 7:29 am

» Seylan Bank did not pay final coupon of expired debentures
by Gaudente Wed May 22, 2024 2:32 pm

» Sri Lanka: Stock Market Fraudsters with Criminal Prosecutions
by agentnrox Wed May 22, 2024 1:50 pm

» HSENID BUSINESS SOLUTIONS PLC (HBS.N0000)
by K.R Wed May 22, 2024 7:46 am

» Richard Pieris Exports PLC (REXP.N0000) future looks bleak!
by God Father Mon May 20, 2024 10:08 pm

» Sri Lanka key Economic Indicators and Future Outlook for 2024
by God Father Mon May 20, 2024 6:06 pm

» Colombo Stock Market: Over Valued against USD!
by God Father Mon May 20, 2024 5:59 pm

» EXPO.N - Expo Lanka Holdings De-Listing
by glad Mon May 20, 2024 9:27 am

» CBSL Pension Fund vs EPF
by God Father Thu May 16, 2024 9:13 am

» Nations Trust Bank: Consistent growth
by ErangaDS Wed May 15, 2024 8:46 am

» SOFTLOGIC LIFE INSURANCE PLC (AAIC.N0000)
by soileconomy Wed May 15, 2024 4:01 am

» Falsified accounts and financial misrepresentation at Arpico Insurance PLC (AINS)
by DeepFreakingValue Tue May 14, 2024 12:20 am

» Potential Super Gain with HSIG
by Investment 1st Mon May 13, 2024 12:20 am

» ජනාධිපතිවරණය - 2024
by ChooBoy Sat May 11, 2024 11:20 pm

» The IMF's Monumental Malpractices and future of Sri Lanka
by ChooBoy Sat May 11, 2024 11:18 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by ResearchMan Fri May 10, 2024 12:20 pm

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Thu May 09, 2024 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Thu May 09, 2024 7:09 pm

» Sri Lanka: Country Information Report
by God Father Thu May 09, 2024 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Thu May 09, 2024 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Thu May 09, 2024 12:21 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube


You are not connected. Please login or register

ASI 5000 - CGTaxxxxxxxxx

+10
RANGANA PERERA
A+
EquityChamp
Ok One
ranferdi
nimantha80
chamil1
stockback
kumarweerarathne
Pac-man
14 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1ASI 5000 - CGTaxxxxxxxxx Empty ASI 5000 - CGTaxxxxxxxxx Thu Mar 10, 2016 5:34 pm

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

CGT danawa kiyala parliment ekae kiwwa RANIL
ASI 5000  ta watenna puluwan - mage broker okkoma wikkunanawa - thawa watena sureeeee
ready to down down down -  next week can




baby down down down  da pallam 


 ASI 5000

2ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Thu Mar 10, 2016 5:45 pm

kumarweerarathne

kumarweerarathne
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

It seems PAC man missed da train...bhuuhhhh ha ha.

3ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Thu Mar 10, 2016 7:40 pm

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

CGT gahanawa kiyala parliment eketh kiwwa Ranil.. Shares walata gahannae nathi CGT neha mchn. genawoth aniwaren shares walata gahanna wenawa... 

hithala balanna, ehema ain karoth ita passae housing association walin awilla kiyai propertty walata gahanna epa kiyala.. ranil kiwoth karanawa , Ravi wagae nemei
CGT remove karae nattnam ASI 5000 hari 5200 tawath eii

4ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Thu Mar 10, 2016 10:27 pm

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

This is the truth

5ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Thu Mar 10, 2016 11:13 pm

stockback


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

Pac-man wrote:CGT gahanawa kiyala parliment eketh kiwwa Ranil.. Shares walata gahannae nathi CGT neha mchn. genawoth aniwaren shares walata gahanna wenawa... 

hithala balanna, ehema ain karoth ita passae housing association walin awilla kiyai propertty walata gahanna epa kiyala.. ranil kiwoth karanawa , Ravi wagae nemei
CGT remove karae nattnam ASI 5000 hari 5200 tawath eii


if CGT tax implement

what is there % ? its note exceed more than 5%

that means you guys have 95% profits from your gross profits.

so then what is the problem.

6ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 12:06 am

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Bear market malli meka

ASI 5000 ta lagata enawa, oyagae broker gen ahanna 
kiyannae bae 15% gahuwoth kohomada, market ekae loss wela innae homoma-ethin thawa tax gewanna kamathi kawda ?

meccharai kiyanna thiyennae- CGT eka nisa market 5000 lagata enawa sure

7ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 12:10 am

chamil1


Manager - Equity Analytics
Manager - Equity Analytics

Pac-man wrote:Bear market malli meka

ASI 5000 ta lagata enawa, oyagae broker gen ahanna 
kiyannae bae 15% gahuwoth kohomada, market ekae loss wela innae homoma-ethin thawa tax gewanna kamathi kawda ?

meccharai kiyanna thiyennae- CGT eka nisa market 5000 lagata enawa sure

Umbata pissu da? palayan Angoda

8ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 12:16 am

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

chamil malli ,, 

nikan gon part danna epa api : ASI 5500-5000 kaduwata passae oyagae gon part balamu

tata bye

9ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 5:19 am

nimantha80


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

pac, pack karan get lost,wade aul unama Quibit fake accounts walata job eka bara denawa. Very Happy

10ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 6:21 am

ranferdi

ranferdi
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Pac man you are not late.. Start buying.. It seems like the market has started long journey towards 9000.. port city recommenced.. Dhammika perera in action buying NHL.. dont be too late..

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

11ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 6:41 am

Ok One


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ranferdi wrote:Pac man you are not late.. Start buying.. It seems like the market has started long journey towards 9000.. port city recommenced.. Dhammika perera in action buying NHL.. dont be too late..
Eththa broker Up eke  wikunanna kiyanne ne adu unama thamai wikunanna kiyanne .Oya me forum  eke wedagath dewal witharak ganna.hemoma thamange wasiyata thamai katha karanne .Api karana lokuma weardda aduwata wikunala wedi unama ganna eka.Oya wagema hugak aya Market  eke loss.Hedenawanam den unath Goda yanna puluwan oyama Hithala awasana theeranaya ganna. I love you I love you I love you

12ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 7:55 am

EquityChamp

EquityChamp
Moderator
Moderator

Guys this is my view on the CGT.
First of all if we think that CGT will be implemented from tax year 2015/16 the government will not earn any thing from stock market since April1 to March 31st is a period where investors has made lot of losses. And they will earn peanuts from lands and condominium  sales since there was no boom in the market.

The only way government can earn a thumping tax from this tax is only if they implemented it with retrospective effect say from 2005 to 2015 then they can tax the past gains. But I think the chances for this is low as government knows the level of criticism it received from the implementation of SGT last year.

So this tax proposal will be in discussion tables for a while and chances are that the proposal will be withdrawn or at least profits from the sale of shares will be exempted. Why I say like that is in 2001-2004 period also the then UNF government was trying to bring this tax back and apply it for stock market. But after many attempts they realized the practical problems of implementing this tax. The main problem was how to identify the correct cost prices for share sold due to investors do a series of buys under different price levels with the object to average costs when share price come down. They will sell a portion of shares when the selling price is above the average cost but they can always claim that the cost of such shares sold as the higher band cost so for the perspective of tax calculation the investor has realized a loss  but actually he has made a gain. This was the key practical difficulty. Another one was to identify the correct price when an investor buys a share at cum-div and sale ex-div. Though investor realized a profit due to his dividend income he can claim for a loss as the price adjusts downward after ex-div date.

By considering all of these government will decide to withdraw this tax or exempt stock market from this tax or may be reimplement share transaction levy again.

So my advice is you don't need to panic extra on the impact of CGT but just focus on trading based on value on offer. Try to buy valuable stocks when they are in free fall and sell when they move up. This week so far we have seen this type of sea-saw trading on shares like ALUF,SFL,TAFL,GRAN,BFL,PARQ,LITE,etc. Investors could earn above 10% profit within this week itself if they closely watch the market for the past three days. Today also will not be that much difference. Identify the good counters and trade.

Thanks

13ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 8:08 am

Ok One


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Thanks  EC I love you I love you I love you

14ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 9:32 am

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

larger concerns over the outlook remains on account of re-imposition of capital gains, upward revisions in corporate and personal tax as well as Value Added Tax by the Government to shore up revenue to pay for higher debt and previously unaccounted payments of Rs. 1 trillion by the former President Mahinda Rajapaksa regime.

Though fiscal management is likely to improve and weigh positively to fundamentals of the market, the upward pressure on interest rates was another concern in addition to dimmer prospects for corporate earnings in the new financial year

15ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 11:03 am

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

now green over... back to normal

16ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 11:09 am

A+


Manager - Equity Analytics
Manager - Equity Analytics

Pac-man wrote:now green over... back to normal
where? Do you have some eye disease?  Question

17ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 12:55 pm

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Next week balannako malliii,, api broker la ekka full contact

18ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 12:58 pm

nimantha80


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

Pac-man wrote:Next week balannako malliii,, api broker la ekka full contact
uba contact witharane,api unma thamai. Very Happy Very Happy Very Happy

19ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 1:04 pm

RANGANA PERERA


Manager - Equity Analytics
Manager - Equity Analytics

ME KE MONAWADA BAN THAWA DOWN WENNA THIYENNE

20ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 1:06 pm

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

HO HO thushara ho ho thushara 

Uda pannoth bima watenna wei 
sitha matha mae kiyannae man

21ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 2:00 pm

nimantha80


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

Pac-man wrote:HO HO thushara ho ho thushara 

Uda pannoth bima watenna wei 
sitha matha mae kiyannae man
get lost from here.We  are in control. alien alien

22ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 2:58 pm

Pac-man

Pac-man
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Next week thama out of control wenna 

ho ho thushara cherio thushara

23ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 4:07 pm

nimantha80


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

Pac-man wrote:Next week thama out of control wenna 

ho ho thushara cherio thushara
Dan monday down kiyalada kiyanne.

24ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Fri Mar 11, 2016 11:26 pm

Joe007


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Those who bought and sold within the last three day are real winners. Very high profit margin.
It seems to be that most of them took profit today.

25ASI 5000 - CGTaxxxxxxxxx Empty Re: ASI 5000 - CGTaxxxxxxxxx Sat Mar 12, 2016 9:10 am

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics

Pac-man wrote:HO HO thushara ho ho thushara 

Uda pannoth bima watenna wei 
sitha matha mae kiyannae man
lol!

Back to top  Message [Page 1 of 2]

Go to page : 1, 2  Next

Permissions in this forum:
You cannot reply to topics in this forum