Impact of GST on Economy

Impact of GST on Economy

What is GST ?

• The Goods and Services Tax Bill or GST Bill, formally known as The Constitution (One Hundred and Twenty-Second Amendment) Bill, 2014, suggests a national Value added Tax to be implemented in India from April 2016.
•  It was introduced in Lok Sabha on December 19, 2014 by Finance Minister Arun Jaitley.
• GST is an indirect tax on manufacture, sale and consumption of goods and services all over India and it will replace taxes implemented by the Central and State governments. It would be levied and collected at each stage of sale or purchase of goods or services based on the input tax credit metho.

India’s annual exports falling to lowest of five years

India's trade deficit narrowed for the third straight month in March to $5.07 billion, the lowest in five years, as imports shrank at a faster pace than exports. For March 2016, the merchandise exports and imports fell by 5.47 percent and 21.56 percent to $ 22.71 billion and $ 27.78 billion, respectively, as compared to the same period previous year.

For the whole of FY 2015-16, total exports were down 15.9 percent from a year ago to $261.1 billion. Imports fell 15.3 percent to $379.6 during the same period.

Analysis Report : Dabur (BUY; Estimated Price: Rs. 510)

Dabur 

About The Company

Dabur was founded in 1884 by Dr. S. K. Burman in Calcutta to make health care products. It has portfolio of over 381 products in 21 product categories over 1000 SKUs. It is the world’s largest Ayurvedic medicine & related products manufacturer and natural Health Care Company. It has 20 ultra-modern manufacturing units spread around the globe and market in over 100 countries. Dabur’s overseas revenue accounts for over 31% of the total turnover. Its annual turnover was 7806 crores in FY 2014-15.

Analysis Report: Marico Limited (BUY; Estimated Price: Rs. 630)

Marico Limited

About the Company

Marico Limited founded in 1987, is one of India's leading consumer products companies operating in the beauty and wellness space. Currently present in 25 countries across emerging markets of Asia and Africa, Marico has nurtured multiple brands in the categories of hair care, skin care, health foods, male grooming, and fabric care. Marico's India business markets household brands such as Parachute Advansed, Saffola,

Wholesale Price Index

Wholesale Price Index
     
        Introduction and Calculation methods:

• The Wholesale Price Index is the price of a representative basket of wholesale goods.  Countries like Japan, Greece, Turkey and Philippines use the changes in this index to measure inflation in their economies.
• The Indian WPI figure used to be released weekly on every Thursday. But since 2009, it has been made monthly. It also influences stock and fixed price markets. The Wholesale Price Index focuses on the price of goods traded between corporations. The purpose of the WPI is to monitor price movements that reflect supply and demand in industry, manufacturing and construction. In India, inflation is measured by CPI (Consumer Price Index).