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27388.42 -69.16 (-0.25%)
8311.60 -30.55 (-0.37%)
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Sector Impact
Finance - General:Budget Impact STT reduced to 0.01% +ve IIFL, JM Financia, Edelweiss Cap, Motilal
Cigarettes:Excise hike on Beedi, Other Tobacco products positive for ITC
Power - Generation/Distribution:LNG Exempt from customs positive Power
Oil Drilling And Exploration:LNG exempt from customs positive GAIL, Gas distribution
Mining/Minerals:Iron ore projects exempted from basic customs duty
Textiles - Readymade Apparels:Excise duty on readymade Garments further reduced
Textiles - Denim:Automated shuttle looms exempted from customs duty
Auto - Cars & Jeeps:Excise duty on large cars Increased from 22% to 24%
Power - Generation/Distribution:Additional depreciation of 20% for power sector companies
Fertilisers:Deduction for CAPEX enhanced to 150% for Fertilizer Sector
Budget 2012
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