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  • News From Press Investing solely to avoid taxes is a bad, wasteful strategy: View

    Investing solely to avoid taxes is a bad, wasteful strategy: View

    Source: The Economic Times Nov 26, 2018


    The puny two-wheeler was called Spitfire. It was 1988 and employees of my husband’s company were being offered this 50cc bike at a concessional rate.

    One had to run with it for a while, and at some point the engine would come alive and one jumped onto the seat. But what was a tea company like Brooke Bond doing with 50cc bikes? The answer to that question holds many stories about the stupid decisions that businesses and individuals in India routinely take with a single objective—tax sav ..

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