Page 342 of Edits & Columns

Anirban Lahiri's sheer determination was matched by Cameron Smith's resolve at the Player’s Championship (Twitter image)
Over the Top: True grit

Love it or not, the Masters Tournament is still the most vaunted major championship in the world

The removal of the interest rate ceiling—10-12 ppts above the institution’s cost of funds, or 2.75X the average base rate of the five largest commercial banks, whichever is lower—will make the players compete on loan pricing and benefit the borrowers.
Microfinance gets a level field

Loans will be underwritten on a risk-based analysis, and the lender will charge a risk premium to the borrower.

The Bill proposes computation of gains by reducing only the cost of acquisition of VDA. No deduction for any other expenses/losses is permitted.
Decrypt crypto-tax prescription

The proposed taxation of virtual digital assets lacks clarity on many aspects of ‘cost of acquisition’, among other provisions

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