COLUMNS
DETAXFICATION
By indirections find out directions
It is enacted in the laws of Venice, Portia informs Shylock in The Merchant of Venice, that if it be proved against an alien that by direct or indirect attempts he seeks the life of any citizen, “the party ‘gainst the which he doth ...
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SAY CHEEK
At peace with translators who war with words
“There’s matter in these sighs, these profound heaves: You must translate: ‘tis fit we understand them,” demands King Claudius of Queen Gertrude in Hamlet. Translation, though, isn’t easy, ...
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REASSESSMENT
Understatement in real-estate deals
Income-tax law has been grappling with the problem of “on-money” deals in real-estate transactions. The “on-money” in such transactions is estimated to be around 15 per cent of unaccounted money in the country. There was ...
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EAR TO THE GROUND
Re-rating pushes up Adhunik Metaliks
Adhunik Metaliks is being re-rated on Dalal Street. According to market sources, the upward revision is linked to increasing value of its mining assets. It owns iron ore mines having estimated reserves of 40 million tonnes (mt) — 25 mt in ...
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