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

Budget 2022

+4
ResearchMan
Lstyle
chandike73
stockchaser
8 posters

Go down  Message [Page 1 of 1]

1Budget 2022 Empty Budget 2022 Fri Nov 12, 2021 7:27 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Any expert advice .. how this budget impact cse 
will it be a good impact?

2Budget 2022 Empty Re: Budget 2022 Fri Nov 12, 2021 8:17 pm

chandike73

chandike73
Manager - Equity Analytics
Manager - Equity Analytics

Still did not study. Accoding to the news there are both pros and cons

3Budget 2022 Empty Re: Budget 2022 Fri Nov 12, 2021 8:45 pm

Lstyle

Lstyle
Senior Equity Analytic
Senior Equity Analytic

There is a webinar on tomorrow from Capital Trust

4Budget 2022 Empty Re: Budget 2022 Fri Nov 12, 2021 8:51 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Lstyle wrote:There is a webinar on tomorrow from Capital Trust
Is it on the budget and CSE?

5Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 5:11 am

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics


  1. Financial Assistance for elders over 70 years 10,000
  2. No corporate tax changes other than one time tax for persons or companies with taxable income over Rupees 2,000 million for the year of assessment 2020/2021.
  3. VAT on banks and financial service providers under supply of financial services by specified institutions is proposed to be increased to 18 percent from 15 percent
  4. Rubber imports are banned
  5. Increasing the age of retirement to 65 for public employees
  6. A fine to be charged from motorists who have been involved in accidents

https://www.treasury.gov.lk/budget/highlights
https://www.treasury.gov.lk/documents/budget/2021/budget_highlight.pdf
https://www.lankabusinessonline.com/sri-lanka-budget-2022-live-coverage/

6Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 8:45 am

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ResearchMan wrote:

  1. Financial Assistance for elders over 70 years 10,000
  2. No corporate tax changes other than one time tax for persons or companies with taxable income over Rupees 2,000 million for the year of assessment 2020/2021.
  3. VAT on banks and financial service providers under supply of financial services by specified institutions is proposed to be increased to 18 percent from 15 percent
  4. Rubber imports are banned
  5. Increasing the age of retirement to 65 for public employees
  6. A fine to be charged from motorists who have been involved in accidents

https://www.treasury.gov.lk/budget/highlights
https://www.treasury.gov.lk/documents/budget/2021/budget_highlight.pdf
https://www.lankabusinessonline.com/sri-lanka-budget-2022-live-coverage/
Guys your ideas please on the impact of this surcharge on financial stocks specially on LoLC group shares ... Pls share your idea

7Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 9:57 am

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

@Stockchaser: I see temporary impact as it is one-off. Prominent sectors in this budget proposals are Irrigation, livestock (dairy & poultry), plantation, agriculture, and fisheries. You can understand why? Covid-19, dollar shortage led to support for local production. Import ban is boom for tile, palm oil producers/shareholders and vehicle owners. Doom for users, new users and consumers. Now it is rubber.

8Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 10:38 am

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ResearchMan wrote:
@Stockchaser: I see temporary impact as it is one-off. Prominent sectors in this budget proposals are Irrigation, livestock (dairy & poultry), plantation, agriculture, and fisheries. You can understand why? Covid-19, dollar shortage led to support for local production. Import ban is boom for tile, palm oil producers/shareholders and vehicle owners. Doom for users, new users and consumers. Now it is rubber.
Ok bro thanks for your advice , so according to your view on Monday there can't be a huge impact on financial stocks rally right?

mah2903 likes this post

9Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 12:09 pm

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

stockchaser wrote:
ResearchMan wrote:
@Stockchaser: I see temporary impact as it is one-off. Prominent sectors in this budget proposals are Irrigation, livestock (dairy & poultry), plantation, agriculture, and fisheries. You can understand why? Covid-19, dollar shortage led to support for local production. Import ban is boom for tile, palm oil producers/shareholders and vehicle owners. Doom for users, new users and consumers. Now it is rubber.
Ok bro thanks for your advice , so according to your view on Monday there can't be a huge impact on financial stocks rally right?

Bro: Can’t predict. I see positive impacts for Dairy, textile, export, plantation, construction, manufacturing, pharma, poultry health, renewable energy. Anything is good at great price. Any way we’ll watch Monday for the reaction. Good to see some action too.

10Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 12:25 pm

bizstock


Equity Analytic
Equity Analytic

Budget 2022 W8SRZmTWGlJYQAAAABJRU5ErkJggg==

11Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 12:31 pm

bizstock


Equity Analytic
Equity Analytic

Budget 2022 Untitl10

12Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 3:58 pm

Sunimal

Sunimal
Senior Equity Analytic
Senior Equity Analytic

bizstock wrote:Budget 2022 Untitl10
Before the budget I warned couple of times. Some guys ignored and promoted LOFC CLC even on the budget day. Now face the consequence on Monday. I feel bad for new comers. Too much greedy is good for nothing.

13Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 4:39 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Sunimal wrote:
bizstock wrote:Budget 2022 Untitl10
Before the budget I warned couple of times. Some guys ignored and promoted LOFC CLC even on the budget day. Now face the consequence on Monday. I feel bad for new comers. Too much greedy is good for nothing.
One off surcharge Is nothing for them , don't create unnecessary panic. IF U COULD NOT BUY SORRY SEE WHAT WILL HAPOEN MONDAY.. DON'T CREATE UNNECESSARY PANIC

nigma likes this post

14Budget 2022 Empty Re: Budget 2022 Sat Nov 13, 2021 4:45 pm

stockchaser


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

stockchaser wrote:
Sunimal wrote:
bizstock wrote:Budget 2022 Untitl10
Before the budget I warned couple of times. Some guys ignored and promoted LOFC CLC even on the budget day. Now face the consequence on Monday. I feel bad for new comers. Too much greedy is good for nothing.
One off surcharge Is nothing for them , don't create unnecessary panic. IF U COULD NOT BUY SORRY SEE WHAT WILL HAPOEN MONDAY.. DON'T CREATE UNNECESSARY PANIC
@ Sunimal take some medicine for your brain damage

15Budget 2022 Empty Re: Budget 2022 Sun Nov 14, 2021 11:16 pm

AmateurTrader001


Senior Equity Analytic
Senior Equity Analytic

Apart from banking, distillery, tobacco and finance, other sectors have a neutral impact into the long term.

16Budget 2022 Empty Re: Budget 2022 Mon Nov 15, 2021 11:45 am

Wickyz


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

2/3 බලය 2/5 වීමට නියමිතය.


ආණ්ඩු පෙරලීමට නියමිතය.


මහින්ද ගෙදර යාවිද ?


අලුත් අගමැති කව්ද ?


නන්දසේන තනි වෙයි.


ලංකාවේ සිවිල් යුද්දයක් ඇති වේද ?


ඉදිරි දිනවල බොහෝ දේ සිදු වේ.අවධානයෙන් සිටින්න.

Sponsored content



Back to top  Message [Page 1 of 1]

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