Browsing Working Papers by Author "Gupta, Ramesh"

Now showing items 21-28 of 28

    • Inflation and tax reforms: a study in individual taxation 

      Gupta, Ramesh (2010-03-14)
      Inflation affects real income tax liabilities in two ways. First, it erodes the real values of fixed deductions. Second, it moves a tax payer in a high tax bracket. Due to high rate of progressivity in taxes at lower end ...

    • Investment allowance vs general tax reduction evaluation of policy option 

      Gupta, Ramesh; Srinivasan, G. (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 ...

    • Options trading: a primer and a proposal 

      Gupta, Ramesh (2010-03-28)
      The option industry has witnessed explosive growth since 1973 when the first organized option exchange opened in Chicago. Moreover, this growth is continuing into the 1990s as entirely new types of options are created and ...

    • Portfolio management: the process and its dynamics 

      Gupta, Ramesh (2010-07-27)
      Like many areas of business, portfolio management is both an art and a science. It is much more than the selection of securities from a catalog by a financial consultant or the application of a formula to a set of financial ...

    • Retail investor- a lost species 

      Gupta, Ramesh (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 ...

    • Retail investors and the budget 1999: an agenda 

      Gupta, Ramesh (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, ...

    • Revamping stock exchange operations some suggestions 

      Gupta, Ramesh (2010-07-27)
      Stock Exchanges have been playing a major role in mobilizing private savings for industrial growth. With increasing participation of general public in securities association of themselves to regulate trading and to protect ...

    • Theory of financial intermediation - a portfolio approach 

      Gupta, Ramesh (2010-03-13)
      In this study an attempt is made to explain the behavior of financial intermediaries in terms of portfolio theory using a preference function approach. The model developed here is largely theoretical in nature, and deals ...