Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum 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
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» CASH RICH REXP
by EPS Yesterday at 9:20 pm

» Earn Over 100% Profit Monthly In Forex Account Management
by princess111 Yesterday at 6:41 pm

» Weekly Stock Market Roundup
by Insights Equity Yesterday at 4:28 pm

» ලංකාවට වැස්ස කෘතිම වැස්ස..is it required for Sri Lanka?
by Uaecoindubai Yesterday at 12:03 pm

» What Sri Lanka can do to improve the credibility of Rupee
by Sstar Yesterday at 11:30 am

» UBC - What is going on
by Soilconomy Yesterday at 6:47 am

» UBC TO HIT 24 ??
by Soilconomy Yesterday at 6:47 am

» UBC - Stake up by big invester
by Soilconomy Yesterday at 6:46 am

» Sad situation of expressway !!!!
by Yahapalanaya Yesterday at 4:12 am

» GOLDEN ERA
by soileconomy Fri Mar 22, 2019 9:14 pm

» Daily Stock Market Update
by Insights Equity Fri Mar 22, 2019 7:20 pm

» INSURANCE companies finally falling!
by nosf766 Fri Mar 22, 2019 2:00 pm

» Cinnamon Grand now Topless without Rohan Karr
by ChooBoy Fri Mar 22, 2019 1:47 pm

» MARKET CRASH - GUARANTEED
by Maharaja Fri Mar 22, 2019 1:47 pm

» Dusit Thani Sri Lanka project halted?
by ChooBoy Fri Mar 22, 2019 11:44 am

» Profitable Forex Copy (over 100% profit monthly)
by princess111 Fri Mar 22, 2019 6:02 am

» SEC Chief welcomes PM’s remark on EPF’s return to stock market
by kalu351 Fri Mar 22, 2019 2:16 am

» පැලවත්ත කිරි සමාගම කොටස් වෙළද පොළට,DRINK pelawaththa milk & help sri lanka
by Miss-Sangeetha Thu Mar 21, 2019 5:39 pm

» CSE is promoting Life Insurance companies whilst Stock Market is crashing.
by ChooBoy Thu Mar 21, 2019 12:35 pm

» Singapore rejects Sri Lankan leader’s allegation on trading scam suspect
by Yahapalanaya Thu Mar 21, 2019 8:18 am

» BALA.N potential
by Yahapalanaya Thu Mar 21, 2019 6:39 am

» Sri lanka tourism income reached 4.4 billion USD 2019
by Yahapalanaya Wed Mar 20, 2019 10:03 pm

» presidential election very soon ?
by Yahapalanaya Wed Mar 20, 2019 10:01 pm

» AEL.N0000 is the Next AAIC.N0000 -
by Trader321 Wed Mar 20, 2019 12:37 pm

» World Bank approves USD70Mn to Sri Lanka
by Sstar Wed Mar 20, 2019 11:13 am

» Sri Lanka shares end little changed; rupee rises
by Miss-Sangeetha Tue Mar 19, 2019 6:30 pm

» Diversification of Sri Lankan economy, must to garner more economic benefits
by ChooBoy Tue Mar 19, 2019 2:04 pm

» ALHP Right issue......!!!!1
by Miss-Sangeetha Tue Mar 19, 2019 11:47 am

» UBC.N0000- Donnt miss this
by Trader321 Tue Mar 19, 2019 10:13 am

» BFN - DEAL OVER - TO BE DE LISTED SOON AFTER THE PRIVATE PLACEMENT ඩීල් එක ඉවරයි @ 19-59 - කොටස් වෙළදපලෙනුත් ඉවත් කරගන්නා බවට ආරන්චි
by sanjulanka Mon Mar 18, 2019 7:03 am

» While waiting for the market to rebound, look for bargains if you can afford the risk. Try to be active at the right time to gain something
by Asoka Samarakone Sun Mar 17, 2019 3:18 pm

» ඉතා ඉක්මනින් සේවක අර්තසාදක අරමුදල නැවත කොටස් වෙළදපල ට
by mahasona2 Sun Mar 17, 2019 3:43 am

» Central Bank targeting early return of EPF to stock market
by mahasona2 Sun Mar 17, 2019 3:24 am

» Lofc delisting??
by Bdcdman Sat Mar 16, 2019 11:16 pm

» Today is UBC.N0000 day.
by Trader321 Fri Mar 15, 2019 11:32 am

» HVA WILL THEY RECTIFY THE REGULATORS QUARIES BEFORE DEAD LINE?
by Bdcdman Fri Mar 15, 2019 11:11 am

» ALHP WILL MOVE UP from next MONDAY
by Miss-Sangeetha Fri Mar 15, 2019 10:52 am

» ALHP WILL MOVE UP SOON
by mahasona2 Thu Mar 14, 2019 11:05 pm

» ලාංකීය හෙදියකට ලක්ශ 9 ක් ගෙවන ඇමෙරිකාව
by Uaecoindubai Thu Mar 14, 2019 3:48 pm

» EAST INTERESTING DAYS AHEAD 25+
by karuna2 Thu Mar 14, 2019 11:43 am

» රජයේ පඩි දෙගුණයක් වුන හැටි
by Uaecoindubai Thu Mar 14, 2019 9:31 am

» UBC.N0000 Vs AEL.N0000 - What will be the best
by Trader321 Thu Mar 14, 2019 9:15 am

» EFP TO start again invest in Stocks
by mahasona2 Thu Mar 14, 2019 1:10 am

» Second reading of budget passed by 119 Votes - Shows this Government is Confident
by Maharaja Wed Mar 13, 2019 11:27 pm

» Fall of stocks - Big Players are behindThis is the time to buy and collect stocks
by mahasona2 Wed Mar 13, 2019 9:49 pm

» Government salary hike almost double..
by Uaecoindubai Wed Mar 13, 2019 9:32 pm

» COLOMBO STOCKS 5 1/2 LOW
by soileconomy Wed Mar 13, 2019 7:19 pm

» UBC.N0000 ? Expert ideas please ?
by Trader321 Wed Mar 13, 2019 2:31 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » what do you think about 2017 Budget?

what do you think about 2017 Budget?

Go down  Message [Page 1 of 1]

1 what do you think about 2017 Budget? on Thu Oct 20, 2016 6:33 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
The total expenditure of the government for 2017 according to the Appropriation Bill presented to the Parliament today will be over Rs.1819.5 billion (Rs 1,819,544,000,000).

The total expenditure for 2016 was Rs.1941.4 billion and it is a Rs.21.9 billion reduction when compared to last year.


The budget allocated for president’s expenses has increased to the tune of Rs.6.45 billion. It was limited to Rs.2.3 billion in 2016. Therefore, fund allocated for expenses of the president would exceeded Rs.10 million per a day, Ada Derana learns.


The total expenditure allocated for the Prime Minister is Rs.1.25 billion. However, Rs.0.4 billion was allocated for the Prime Minister through the last year’s Appropriation Bill.


The Defence Ministry allocation for 2017 is around Rs 284 billion, however, in 2016, Defence allocation stood at more than Rs.306 billion.


Allocation for the Ministry of Education for 2017 is Rs.76.9 billion. However, for 2016, this amount was Rs.185.9 billion.


-------------------------------------------------------------------------------------------------------------

what do you think about 2017 Budget. we are getting good Budget.
any ideas.........

2 Re: what do you think about 2017 Budget? on Thu Oct 20, 2016 6:47 pm

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics
We can see the real impact of the budget after 6 months times.it will be the same as today after amending it several times without changing the word "honorable Speaker "

3 Re: what do you think about 2017 Budget? on Thu Oct 20, 2016 9:22 pm

EquityChamp

EquityChamp
Moderator
Looks like curtailment of expenditure and on the other side increase the tax revenue will be the theme.

4 Re: what do you think about 2017 Budget? on Thu Oct 20, 2016 9:41 pm

Bullrunner7

Bullrunner7
Manager - Equity Analytics
Manager - Equity Analytics
Appropriation bill is 1.8 Trillion SLR ?!?
More than 10 million a day for the president ?!?!
Good luck with that

5 Re: what do you think about 2017 Budget? on Thu Oct 20, 2016 9:44 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@EquityChamp wrote:Looks like curtailment of expenditure and on the other side increase the tax revenue will be the theme.


yes. that is good news for Economy and Capital Market also.

I expect Capital Market will react to this.

VAT Hike - 26.10.2016 (Debate at Parliament)

6 Re: what do you think about 2017 Budget? on Thu Oct 20, 2016 9:50 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Target high efficiency in tax administration in order to collect more direct taxes. Enforcement from lending agencies drive to prune the expenditure levels. Commenting is too early on summarized items.

7 Re: what do you think about 2017 Budget? on Fri Oct 21, 2016 1:51 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
Another trial & error budget to be followed by confusion and amendments. People are sick of it!

8 Re: what do you think about 2017 Budget? on Fri Oct 21, 2016 2:13 pm

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@samaritan wrote:Another trial & error budget to be followed by confusion and amendments. People are sick of it!


Budget is good. I am sure. some political Coop can be happen.

eka hari naha meka hari naha kiyai. iyema kiyanna patan gaththa...

will see......

9 Re: what do you think about 2017 Budget? on Fri Oct 21, 2016 3:22 pm

samaritan


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@stockback wrote:
@samaritan wrote:Another trial & error budget to be followed by confusion and amendments. People are sick of it!


Budget is good. I am sure. some political Coop can be happen.

eka hari naha meka hari naha kiyai. iyema kiyanna patan gaththa...

will see......

10 Re: what do you think about 2017 Budget? on Fri Oct 21, 2016 7:14 pm

whyzo


Equity Analytic
Equity Analytic
More Taxes + more rules for private sector  Very Happy Very Happy Very Happy

11 Re: what do you think about 2017 Budget? on Sat Oct 22, 2016 2:24 pm

worthiness


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
According to media release major parties have discussed in length & reached a consensus for budget proposals. Last year there was a rift between SLFP & UNP within the government. 
So common man budget may be presented in order to meet on coming provincial election.

Back to top  Message [Page 1 of 1]

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