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27 November, 2013 09:40 AM Source:
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Several listed firms in the Colombo Stock Exchange are direct beneficiaries of the 2014 budget proposals, a presentation by Candor Equities Limited disclosed.

Accordingly, increase in import CESS on certain products are expected to help listed firms such as Kotmale Holdings, Distilleries Company, Cargills Ceylon, Ceylon Cold Stores, CIC, Keells Food Products and LION Brewery etc.

Exemption of VAT from LP gas distribution is likely to benefit Laugh gas, while allowing the importation of tea for blending for high value added tea exports is most likely to benefit HVA & Renuka Agri. More...

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