Sinha, Pankaj; Mathur, Kritika - Volkswirtschaftliche Fakultät, … - 2012
stock returns using data from two prominent national stock exchanges of India. We find that when the tax on equity …. Since the volatility of returns on stocks is not constant through time, conditional heteroscedasticity models are used to … estimate the volatility of stock returns. The impact of tax on volatility of return on indices is insignificant. …