@ Banks Current Tax Rate 15%. After GST, 18%. Negative
@  Consumer Staples Current Tax Rate 22%. After GST, 18%. Positive for Asian Paints, Dabur, HUL, Emami; Negative for ITC, UBL
@ Consumer Discretionary Current Tax Rate 15%. After GST, 18%. Negative for Jubilant Foods, Cafe Coffee Day, Restaurant businesses

@Media & Entertainment Current Tax Rate 15% + 7% State Entertainment tax. After GST, 18%. Positive for Dish TV, Videocon D2H, BIG TV
@ Telecom Current Tax Rate 15%. After GST, 18%. May see marginal dip in consumption
@ Auto & Auto Ancillary Current Tax Rate 27%. After GST, 18%. Positive for M&M, Maruti, Bajaj Auto, Eicher Motors, Ashok Leyland, etc.


@ Metals Current Tax Rate 18%. After GST, 18%. No significant impact
@ Cement Current Tax Rate 27%. After GST, 18%. Positive for UltraTech, Shree Cement, Ambuja Cement, etc.
@ Pharma Current Tax Rate 15%. After GST, 18%. Negative for Pharmaceutical co.s

@ Real Estate Current Stamp Duty 15%. After GST, 16%.No significant impact
@ Logistics No change in Tax Rate after GST. Postive for Container Corp, GATI, etc.



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