Browsing Working Papers by Author "Gupta, Ramesh"

Now showing items 1-20 of 28

    • Accountancy systems in State Electricity Boards - developments & requirements 

      Gupta, Ramesh (2010-03-15)
      With the increasing importance given to the power development programmes in the successive Five Year Plans, proper and effective financial management of the State Electricity Boards (SEBs) have progressively become ...

    • Accounting for changing prices - Recent development 

      Gupta, Ramesh (2010-03-25)
      With the rejection of ED-18 on July 6, 1977, the longest running epic of the financial world "Inflation Accounting" has come to a standstill where U.K. accounting profession is living with "An Interim Recommendation" and ...

    • Accounting for inflation - an empirical study 

      Gupta, Ramesh (2010-07-27)
      In recent years, there has been increasing criticism of financial statements prepared under the long-established cost conventions. The accounting profession all over the world has been debating various approaches to ...

    • The badla system revisited 

      Gupta, Ramesh (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. ...

    • Badla system: a reappraisal 

      Gupta, Ramesh (2010-04-03)
      The badla system, which allowed transactions to be carried forward from one trading valan to the next, was banned by the SEBI in March 1994. SEBI was hoping that for the purpose of speculative trading, an internationally ...

    • Badla trading: a primer and a proposal 

      Gupta, Ramesh (2010-03-31)
      This paper explains the mechanics of badla trading and settlement. It reviews badla transactions, fixation of havala rates and margins, the market process of determining the badla rates, and payment procedures. The accounting ...

    • Depreciation and Replacement Cost 

      Gupta, Ramesh (2012-09-27)

    • Derivatives committee report - four queries 

      Gupta, Ramesh (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 ...

    • Development of the Capital market in India: A regulatory perspective 

      Gupta, Ramesh (2010-03-23)
      Capital markets are an important mobilizer of resources for the corporate sector. Investors' confidence is key to the healthy developments of capital markets, it is necessary that comprehensive and adequate laws exist to ...

    • ED 24 and BHEL's current cost accounts 

      Gupta, Ramesh (2010-03-18)
      In May 1979, Accounting Standards Committee of U.K. has issued Exposure Draft 24 "Current Cost Accounting". The purpose of this article is to prepare the BHEL financial statements for the last three years (1975-76, 1976-77 ...

    • Finances of the state electricity boards and tariff policy 

      Gupta, Ramesh (2010-03-15)
      The Five Year Plans have continued giving greater emphasis to the need of power development in the country. The Boards have to find larger amount of resources to finance its future activities. For State Electricity Boards ...

    • Fiscal implications of price level changes and investment decisions 

      Gupta, Ramesh (2010-03-20)
      This paper explores the effect of inflation on the real value of shareholders' equity given the current depreciation policy with respect to the corporate income taxes. Would partly debt financing of the firm's activities ...

    • Futures trading in India - are we ready? 

      Gupta, Ramesh (2010-07-26)
      The article examines the nature of futures market and its development abroad. It provides a theoretical framework reviewing behaviour of future prices and a need for an effective arbitrage between spot and futures market ...

    • IIMs Expansion - Myths, Realities and Policy Choices 

      Gupta, Ramesh (2010-07-22)
      This paper suggests a roadmap for IIM Ahmedabad to increase its intake substantially with available resources in its flagship 'Post Graduate Programme in Management' (PGP equivalent to MBA). Solutions for other IIMs should ...

    • IIMs Expansion - Myths, Realities and Policy Choices 

      Gupta, Ramesh (2009-08-08)
      This paper suggests a roadmap for IIM Ahmedabad to increase its intake substantially with available resources in its flagship ‘Post Graduate Program in Management’ (PGP equivalent to MBA). Solutions for other IIMs should ...

    • Impact of inflation accounting on corporate profits 

      Gupta, Ramesh; Bhandari, L. C. (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 

      Gupta, Ramesh (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, ...

    • Inflation accounting in India: a case study of the Bharat Heavy Electricals Limited 

      Gupta, Ramesh (2010-03-25)
      In the last decade, a considerable amount of research has been done justifying the need to introduce inflation accounting in reporting the financial results of a business unit. In this paper, I have reviewed the recent ...

    • Inflation accounting: perspective and prospects 

      Gupta, Ramesh (2010-03-13)
      During the last two decades, there have been several proposals on how financial statements should be adjusted to show the effects of Inflation. The earlier suggestions were to adjust the financial statements using a general ...

    • Inflation and project evaluation: a case study of the effect of price changes on rate of return 

      Gupta, Ramesh (2010-03-13)
      Inflation is one important economic variable which is playing an ever-expanding role in the decision making process of business, industry and government. The evaluation of capital expenditure projects are based on estimation ...