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

» SINS - the Tailwind effects of a crisis hit Economy
by Equity Win Yesterday at 7:37 pm

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by atdeane Yesterday at 7:09 pm

» Sri Lanka: Policy Challenge Addressing Poverty Vulnerability as the Economy Recovers
by God Father Yesterday at 5:37 pm

» Sri Lanka: Country Information Report
by God Father Yesterday at 5:22 pm

» Sri Lanka polls could risk economic recovery
by God Father Yesterday at 5:12 pm

» AGSTAR PLC (AGST.N0000)
by ResearchMan Yesterday at 12:21 pm

» Browns becomes world’s biggest tea exporter in deal with LIPTON
by sureshot Wed May 08, 2024 9:51 pm

» Colombo Stock Market: Over Valued against USD!
by ResearchMan Wed May 08, 2024 12:49 pm

» COCR IN TROUBLE?
by D.G.Dayaratne Mon May 06, 2024 9:31 am

» EXPO.N - Expo Lanka Holdings De-Listing
by eradula Tue Apr 30, 2024 3:21 pm

» Maharaja advise - April 2024
by celtic tiger Tue Apr 30, 2024 12:01 am

» Srilanka's Access Engineering PLC think and Win
by Dasun Maduwantha Mon Apr 29, 2024 11:40 pm

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Fri Apr 26, 2024 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Fri Apr 26, 2024 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

» THE KANDY HOTELS COMPANY (1983) PLC (KHC.N0000)
by SL-INVESTOR Wed Apr 24, 2024 11:23 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by ddrperera Wed Apr 24, 2024 9:09 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:40 am

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:38 am

» LOLC FINANCE PLC (LOFC.N0000)
by Beyondsenses Wed Apr 24, 2024 10:20 am

» SRI LANKA TELECOM PLC (SLTL.N0000)
by sureshot Wed Apr 24, 2024 8:37 am

» Sri Lanka confident of speedy debt resolution as positive economic reforms echoes at IMF/WB meetings
by samaritan Mon Apr 22, 2024 9:28 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Thu Apr 18, 2024 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 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

Is new tax didnt effect much to the dimo ........

+2
hariesha
stokers
6 posters

Go down  Message [Page 1 of 1]

stokers


Stock Trader

lots of there laxuary vehicles imports for permits and they have big volumes of new tata nano stocks .... so i think good time to collect some dimo .....

hariesha


Vice President - Equity Analytics
Vice President - Equity Analytics

True, it will not impact DIMO much, but a NANO will increase by 1M. So that segment will completely become non-viable. So mostly Indian cars will get affected.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

hariesha wrote:True, it will not impact DIMO much, but a NANO will increase by 1M. So that segment will completely become non-viable. So mostly Indian cars will get affected.

Don;t think it will increase by that much. The tax increase is 80% . I do not know how much Nano or Maruti sells now, but if it is around Rs 1 Million. Then the increase should be about Rs 3 -4 Laks isn;t it ?

kam2011


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

slstock wrote:
hariesha wrote:True, it will not impact DIMO much, but a NANO will increase by 1M. So that segment will completely become non-viable. So mostly Indian cars will get affected.

I Don;t think it will increase by that much. The tax increase is 80% . I do not know how much Nano or Maruti sells now, but if it is around Rs 1 Million. Then the increase should be about Rs 3 -4 Laks isn;t it ?

If they have a good stock that would be an additional benefit. As stokers says most of Benz cars are imported under permits and that will continue without any effect. Don't forgot more Elections to come.

aj


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

Even without the tax changes in the last quarter profits were down. Wasn't it?
"I don't think it'll effect" always change to "it was affected by" when the reports come.

illuminati


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

aj wrote:Even without the tax changes in the last quarter profits were down. Wasn't it?
"I don't think it'll effect" always change to "it was affected by" when the reports come.

A nice one. You know these fellows will show bread and say it is rice and many would just bite it.

Sponsored content



Back to top  Message [Page 1 of 1]

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