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MARKET SNAPSHOT

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  • BSE SENSEX
    1. 1443442
    2. -965.56
    3. 1443 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • Last Update:09 Nov,2017
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  • CURRENCY
  • COMMODITIES
  • YEN TO IND
    1. 1443442
    2. -965.56
    3. 1443 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • BSE SENSEX
    1. 1443442
    2. -1000.56
    3. 30000 %
  • Last Update:09 Nov,2017
  • Show All
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Capital Goods & Defence
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Capital Goods & Defence

Capital Goods:

Duty structures on key inputs need rationalization: Anti-dumping duty, Safeguard Duty, Minimum Import Price (MIP) make steel expensive for capital goods players. Moreover, the disparity in duty structures in steel between raw material, scrap, and the final products are high to the extent of 7.5% to 10%. This has to be corrected.

Defence:

  • Higher budgetary allocation to capital acquisitions, particularly higher share for new acquisition programs.
  • Wt. Avg. R&D deduction should be brought back to 200%.
  •  Special additional investment allowance for exclusive defence manufacturing and/or assembly facilities towards manufacturing of tanks, armoured fighting vehicles, defence aircrafts, spacecraft, warships, arms and ammunition of all kind and all other parts & accessories of use thereof.
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