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Now showing items 21-28 of 28
Retail investors and the budget 1999: an agenda
(2009-12-12)
With the advent of SEBI, the regulatory philosophy has changed from merit (administered) to disclosure (market based). Since retail investors do not have expertise and resources to fully understand the disclosed information, ...
The badla system revisited
(2009-12-12)
This paper is an attempt to examine the issues underlying the current debate about reintroducing the badla system. The differences between badla system on one hand and options and futures markets on the other are highlighted. ...
Investment allowance vs general tax reduction evaluation of policy option
(2010-03-14)
he paper evaluates the general tax reduction in lieu of investment allowance. The general tax reduction affects the tax rates and has universal impact, while investment allowance helps lower the tax base and thus, affects ...
Retail investor- a lost species
(2009-12-14)
Everybody in India seems to be looking for the retail investor to come back to the market. He is badly needed because he is the major (rather only) source of providing risk capital. Portfolio managers (including FFIs) only ...
Derivatives committee report - four queries
(2009-12-12)
The paper concludes that launch delay to insure that appropriate regulatory and institutional measures are in place are well worth the extra time. The haste may result into a major scandal that may undermine both the ...
Depreciation and Replacement Cost
(2012-09-27)
Impact of inflation accounting on corporate profits
(2010-07-15)
The accounting profession all over the world is currently considering whether accountants should be required to adjust reported income for inflation. The limited objective of this article is to measure the impact of ...
Individual taxation: A proposal for reform
(Indian Institute of Management Ahmedabad, 1985-06-01)
Inflation affects real income tax liabilities in two ways. First, inflation erodes the value of fixed rupee amounts ( for example, ceiling on doductions, nil tax income slab, etc.) and second, in a progressive tax system, ...