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Budget 2020 General Discussion (Contest Over) - For Dimers Who Trade/Follow Markets/Want to Know More
Hi Fellow Dimers,
Since the Budget is tomorrow – was thinking of running a small fun contest as well all speculate something before the budget… Saturdays, the markets are closed – but due to it being Budget Day – the markets will be open…
Thus, All you have to do is, share – which stock/s you feel will be the top 3 gainers and top 3 loser tomorrow
PS : This is not an official contest by Desidime – as a dimer . just felt like running one.. Not much prizes up for grabs here 
have some coupons from Cred which I can give away – participants do get Karma and the bumper prize would be Rs. 200 Amazon voucher if a dimer gets all right – If no one gets its right, the first to get 5 out of 6 right gets the voucher if no one gets that too, the first to get 4 out of 6 right gets the voucher
PS PS : The answer will be based from moneycontrol’s home page after the market closes- so there shouldn’t be any confusion relating to the winner… All the best
Participation Ends at 11:30 am on 1st Feb 2019 – so you have 30 mins once the budget session begins 
tagging few dimers based on recent discussions @Budhe @BAT_MAN
@marketdimer
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Last updated by: azzuridd
Answers would be Nifty 50 only (to avoid confusion)
https://www.moneycontrol.com/stocks/marketstats...
https://www.moneycontrol.com/stocks/marketstats...
Participation Ends at 11:30 am on 1st Feb 2019 – so you have 30 mins once the budget session begins
Participation has ended…
by @Awake
“https://twitter.com/deepakshenoy/status/1...79…
For those who cant hear budget live 
"
Thanks all for participating – the contest is now closed – we can still discuss on budget happenings.. on this thread
Farmers ll be benefited the most. 
Study in India 
Tourism ll be improved.
Deposit insurance has been increased to 500000
Lic ipo is coming guys
3.8% fiscal deficit
N 10% nominal GDP growth estimation
Corporate tax 15% for new company
22% for existing company
Income tax 5-7.5lakh 10%
7.5 to 10lakh 15%
10lakh to 12.5 lakh 20%
12.5 to 15 lakh 25%
Above 15 lakh 30%
but exemptions have to be forgone
or income tax players can still choose to be with the previous system?
oops – individuals will be taxed as per their tax bracket.. 
Holding companies, tech companies, and some other like hero moto might do well
Aur complex system Kar Diya taxation ka…2 system la kar . Ab advisor ki jarrorat pdegi ki Naye system mein better hai ya purane mein…it will vary from individual to individual. As total 70 out of 105 exemption has been abolished in new system
80C has been abolished too?
Tax audit limit raised to 5cr (if cash<5%)
Should i be happy or what? 
Happy if you are a regular fno(edit) trader. That’s my opinion
Only positive is that if you can calculate your tax liability and if new system is saving more tax for that individual…filling return will be 1 click matter. But who am I pacifying, inida have huge financial illiteracy. So more fun for CA and sites like cleartax.
….todays target of 11640 ACHIEVED….now wait for LIC bounce….short again for 11455…accumulate hindalco…
Right bhai
Answer Time :
Top Gainers https://www.moneycontrol.com/stocks/marketstats...
1. TCS
2. HUL
3. Tech Mahindra
Top Losers
1. ITC
2. Tata Motors
3. HDFC
Will collate the answers of each dimer and share the result of the winners shortly.
As they say no one could predict the markets – this tended to be true today
The market was a little choppy today, and none of our participants could win.. 
We still have the Rs. 200/- Amazon pay to give -
@Awake & @bikidas2060 as you have been pretty active in this post – do suggest how we can work this out –
We can split the voucher among the first 10 participants as well
There are dimers who mentioned HUL – we can split among them also
Do share the suggestions; would do as you guys suggest 
Give to the HUL one
![Pigeon Electric Breast Pump [Rs 250 Coupon]](https://cdn3.desidime.com/topics/photos/1781918/medium/61fU24CGciL._SL1500_.jpg?1714393282)
 - For Dimers Who Trade/Follow Markets/Want to Know More for Rs. at ){kind=link}
 - For Dimers Who Trade/Follow Markets/Want to Know More for Rs. at ){kind=link}
Top Gainers – JSW, HUL, Maruti suzuki
Top losers – coal India, Ongc, tech mahindra