August 17 2017
There used to be an old saying among businesses in Kolkata: “dhan maat dikhao”, which means your wealth shouldn’t show. It dates back to the pre-1991 era of command economy, and evolved as one of the best practices of that time to fly under the radar of the tax authorities.
Even in a transformed economy in which wealth creation is much appreciated, some old wisdom, such as the one above, has not lost relevance.